More competition in the U.S. parcel shipping marketplace?
By Jim Pettinger
Currently, UPS, FedEx and the USPS are the major players in the U.S. parcel shipping marketplace. However, continuing strong growth in e-commerce has encouraged at least two other “majors” to join the fray. Amazon, of course, is exploring all forms of delivery options, and DHL is also quietly expanding its services.
You may remember that DHL brashly (and expensively) leapt into the market in 2009, just in time for the recession to force their retreat. This time, however, according to the Wall Street Journal, they intend to adopt a more strategic approach. With these companies spending billions to move parcels, perhaps now would be a good time to invest in corrugated cardboard.
TradeTips blog is published by UCanTrade, Inc., your cross-border experts since 1984.
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