B2C

GEODIS said that this acquisition will significantly increase the company’s contract logistics footprint and e-commerce fulfillment services in Singapore and Southeast Asia.

Company officials said that this investment—for these two service centers, which cumulatively account for 238,872 square-feet and add 144,875 square-feet of improved working space compared to its previous facilities—helps to establish what it described as more conveniently located and spacious facilities that will boost shipment capacity and also enable faster shipment processing, to provide earlier deliveries for local customers.

Nothing has been predictable or consistent in the parcel shipping industry in 2020. The onset of COVID-19 decimated shipping volumes in March and the beginning of April, as businesses sent employees home and shuttered facilities. However, parcel volumes have raged higher and higher ever since, with both FedEx and UPS reporting daily volumes at and exceeding “peak” holiday volumes.

Logistics Management Group News Editor Jeff Berman recently caught up with Steve Denton, CEO of Ware2Go, a UPS-backed company comprised of a nationwide network of certified warehouses, technology to streamline fulfillment across sales channels, and a flexible business model that eliminates long-term contracts and order minimums. Denton provided an overview of Ware2Go's service offerings and how his company is working with different companies amid the COVID-19 pandemic.

It’s no secret that e-commerce has changed the landscape of B2C retail- but the ripple effect this evolution has wrought on supply chains, including those of B2B shippers, may be less apparent.

Digitalization is the future of supply chain operations, and the key to staying ahead in the competitive modern landscape.

Company points to U.S. Domestic and Supply Chain & Freight segments as drivers for quarterly growth.