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The global logistics and supply chain market size is expected to grow from $2,734 billion in 2020 to $3,215 billion in 2021, according to a report by MarketsandMarkets Research. Although the growth rate is about 10%-15% lower than the pre-COVID estimates, the market is still expected to grow at a 17.6% YOY rate. This highlights that […]

The COVID-19 pandemic has been devastating for the global economy, and the courier industry hasn’t been spared either, despite the move to online shopping and doorstep delivery. Before the pandemic, the global courier and delivery services industry was projected to grow at 3.7% in 2020, according to a report by IBISWorld. But with the pandemic-induced disruption […]

In 2019, the global courier services market was valued at around $341 billion, according to a report by 360 Markets Update. But like most other industries, the courier industry has also been reeling under the effects of the coronavirus pandemic. The global disruption in manufacturing and supply chains has meant that the revenue growth expectations for […]

Using a delivery management software to offer last mile delivery to customers is a good way to improve business operations. Since the top software programs have a comprehensive set of tools to boost efficiency, there are multiple advantages. These are some examples. IMPROVE HANDLING AND TRANSPORT EFFICIENCY Lund University research shows that using last mile […]

The majority of people today value speed in fulfillment and delivery. Instead of being willing to wait for packages and papers to arrive in the next week or two, managers and workers want items in two days or less with many willing to pay extra for same-day courier services. Only 60% of consumers are willing to […]

To stay ahead in the global race, strategic business changes are essential for courier companies. This is what can help gain a competitive advantage by enabling quicker deliveries, while reducing overall cost. Following the COVID-19 pandemic, the global logistics market is expected to witness year-on-year growth of almost 18%, rising from a value of $2,734 […]

If you are looking for a way to increase the profitability of your carrier service, you are likely wondering what you can do to reach your goal. You can only achieve so much on your own, and you need a carrier software system to reach the highest level of success. These software platforms save time […]

Electric vehicles, the environment friendly alternative to their petrol and diesel counterparts, can revolutionize the current delivery systems. This green tech can bring about a radical transformation for both logistics service providers and the economy as a whole. No wonder, the global electric vehicle industry stood at $118,864 million in 2017, with expectations of it […]

Technology advances have changed the way courier services operate. Not even a decade ago, last mile delivery services were utilizing white boards more than anything else to track the process and execution of deliveries. Today, data is available in the palm of our hands and we have access to more information than ever. However, mobile […]

By 2025, the global last mile delivery market is estimated to reach $61,573 million, up from $31,198 million in 2018, according to a press release by MarketWatch. An increase in the demand for efficient delivery, along with rapid growth in the logistics industry, is the key factor behind these figures. Last mile delivery aims at […]