Technological advancements powered by the advent of e-commerce platforms and smartphone penetration are transforming the courier service industry on a grander scale. Logistics and transportation companies are enhancing their delivery speed and tracking capabilities, reducing shipment costs and damages for customers to provide a great buying experience.
On that note, the global courier services market is forecasted to be worth $658 billion in 2031, according to the latest market analysis reports. The reports identify the market to witness prolific growth at a CAGR of 5.7 percent during the forecast period. The market growth is propelling due to the rising demand for supply chain efficiency and fast delivery of packages, especially faster one-day deliveries. The shift toward introducing automated deliveries with unmanned aerial drones in the near future is also revolutionizing the courier service market.
This edition of Logistics and Transportation Review brings forth the most influential developments in the courier service landscape aimed at delivering every package most quickly and reliably as possible while ensuring safety and affordability.
The edition features thought leadership articles from David Horak, director of fleet services at Carolina Handling, who highlights the importance of a new approach to material handling equipment to overcome supply chain constraints. It also brings to the spotlight invaluable insights from Terry To, head of supply chain management and logistics at BrandLoyalty Canada, who speaks about vendor-managed return, a VMI concept for reverse logistics handling.
Along with these vital insights from industry experts, the edition features Best Courier and Delivery, a 35-year-old regional courier and full-service trucking company. It specializes in medical courier, court and legal filing courier, same-day courier parcel and mail delivery, trucking deliveries, and white-glove services.
We hope this edition helps you find the most appropriate courier service providers that will help maximize your operational efficiency and timely delivery of shipments.
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