- 8 July 2019
- Transport / Logistics Services
The International Posts Corporation (IPC) has shown that the global postal industry has seen strong growth in 2018. This clearly indicates that diversification and efficiency programmes are paying off. The growth in B2C parcels and relatively new expansions in cross border parcel deliveries supported growth in many cases.
Globally the industry showed growth of 4.3% according to preliminary results shown by the IPC.
Holger Winklbauer, CEO of IPC said: “Postal industry revenue is growing solidly despite ongoing traditional mail decline. More than two thirds of posts analysed saw year-on-year growth of 1% or more, which clearly demonstrates that they continue to develop through broadening their service offerings and improving their existing network and efficiency. E-commerce does remain the main and common growth driver and posts are expanding their networks and capacity to respond to the increasing demands.”
Winklbauer continued: “The ongoing increase in cross-border e-commerce volumes, mainly driven by lightweight and low-value items, represents an opportunity for postaloperators worldwide. For them to fully reap the potential of e-commerce, posts must offer an integrated cross-border delivery platform including a delivery duty payment system upfront.”