Ep 302: Spending power, in-store shopping, and parcel volumes

Postal Hub podcast

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1y ago 22:57

MP3•Episodio en casa

Cathy Morrow Roberson, founder and lead analyst at Logistics Trends and Insights, discusses what trends in consumer spending power and in-store shopping mean for e-commerce parcel volumes.

Trends in US consumers' spending power
What consumers are buying
Consumers looking for bargains, and retailers looking to offload inventory
Discretionary spending vs essential purchases
Rising food prices and fluctuating fuel prices
Are consumers returning to in-store shopping? If so, is this at the expense of e-commerce?
The pandemic effect on retailers moving to omnichannel
What does all this mean for parcel volumes?
FedEx, UPS and USPS have been experiencing parcel volume declines
Carriers looking for more profitable parcels
Rate increases offsetting volume declines
Regional carriers picking up volumes, but still representing a small percentage of overall parcel volumes
The future for delivery and e-commerce
Inflation and interest rates
Excess last mile capacity
Automating sorting facilities
Warehousing employment in the USA

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#Business #E-Commerce #Ian Kerr #Postal Hub