As the year 2024 unfolds, the eCommerce industry is grappling with an unprecedented spike in product returns. This uptick is not occurring in isolation; it is heavily influenced by the persistent cost-of-living crisis, which is reshaping the way consumers approach online shopping. The stakes are
Amazon is making a notable change by discontinuing its returns service through the extensive Collect+ network operated by PayPoint. Starting April 21, this affects almost 2,000 retailers who will no longer process Amazon returns, impacting commissions and potentially reducing in-store traffic.
United Parcel Service (UPS), a key player in the delivery sector, has witnessed its stock dip by 11% this past quarter, causing unrest among shareholders. Oddly, this downturn contrasts with UPS's stronger performance in the half-decade timeframe. Its shares, however, are not keeping pace with the
China's parcel delivery sector is poised for significant expansion, having demonstrated a robust performance with a year-over-year increase of 19.5 percent in package volume. This impressive growth underscores the industry’s capacity to manage an ever-escalating number of deliveries, highlighting
Transforming Rural Delivery Ending Saturday Services NZ Post is set to revamp its rural delivery services in New Zealand. The decision is driven by declining mail volumes in this digital era, with fewer citizens requiring Saturday deliveries. Beginning in late June 2024, Saturday delivery of
United Parcel Service (UPS) has recently excelled, surpassing earnings forecasts despite a reduction in package delivery demand. The company reported an impressive adjusted profit of $1.43 per share. Although this represents a 35% decrease from the previous year, UPS's strategic cost-management
