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The growth of e-commerce appears impervious to the ravages of inflation or supply chain disruption, and is expected to continue growing over the coming years.
While predictions for freight growth have been scaled back, parcel traffic is expected to grow between 5% and 10% a year through to 2027, according to analysis from global parcel shipping and mailing company Pitney Bowes.
The Pitney Bowes Parcel Shipping Index shows parcel volume in the US increased 6% last year to a record 21.5bn shipments. This translates into 59m parcel orders a day, or 683 every second.