Welcome to Kardinal’s Parcel Delivery Digest, a weekly news digest about last mile delivery industry from various sources.
To read the articles, click on the images. Enjoy your reading!
Correos published its 2024 results
In 2024, Correos reported a -94 million euro ordinary result, excluding an exceptional provision for its staff renewal plan. The 33% improvement in results was driven by a 14% increase in parcel shipments, alongside cost reductions of 81 million euros.
Rent, ride and roll, IKEA testing “Do-It-Yourself-Delivery” solutions for urban customers
IKEA is testing affordable DIY delivery options like cargo bikes and modular lockers to reduce reliance on home delivery, improve accessibility in urban areas, and enhance customer satisfaction with more flexible, sustainable solutions.
FedEx, UPS lose parcel market share to big retailers, smaller couriers
U.S. parcel volume hit 23.8B in 2024 (+4%), but FedEx and UPS are losing ground. Retailers like Amazon and Walmart now deliver more, reshaping the market. By 2027, most growth will come from private networks, leaving traditional carriers with flat or declining volumes.
Temu and DHL join forces to expand non-US ecommerce sales
DHL and Temu signed an MoU to boost SME growth in both established and emerging markets like Eastern Europe and the Middle East. DHL will support Temu’s local-to-local model in Europe and expand efficient, compliant logistics to enable global reach.
Nova Post increases investment in European operations by 42.8% to €10 million
Nova Post Europe will invest €10M in 2025 to expand its European operations, with €2M focused on Moldova, one of its fastest-growing markets. A new, larger logistics hub is underway to support rising demand and tripled shipment volumes.
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