by Walther Ploos van Amstel
Dutch mail and parcel service Cycloon is laying off 440 employees as part of a reorganization. The cargo bike courier from Zwolle is discontinuing the delivery of parcels that do not fit through the mailbox. As a result, the company has announced the closure of sixteen bicycle courier branches and the central parcel sorting center, …
Since the publication of PostNL’s Q2 2022 results in August 2022, the global macroeconomic environment has further deteriorated, impacting many industries. Inflation has increased, with The Netherlands reaching a record-high level of almost 15% in September, while consumer confidence has dropped to an all-time low. This is negatively impacting consumer spending and is expected to …
Pitney Bowes Inc., a global technology company that provides commerce solutions in e-commerce, shipping, mailing, data, and financial services, released the new Parcel Shipping Index featuring 2020 data from 13 major markets around the world. The Index finds global parcel volume reached 131 billion in 2020, equating to 4.160 parcels shipped per second – an increase of …
Investors in the parcel delivery business are cautious. Royal Mail lost 15 percent of its value in one month, Belgian Bpost lost 18 percent. UPS and FedEx losing 7 to 9 percent. With a 5 percent drop in the AEX last week, is Dutch PostNL the next loser? Dutch PostNL sent 11 percent more parcels …