by Walther Ploos van Amstel
Amazon posted stronger-than-expected sales for the 2022 holiday shopping season. Net sales for Amazon, which has been battling cost-conscious consumers and higher costs, were $142.2bn in the last quarter of 2022, up 9 percent from 2021. Sales events during the holiday season offered glimmers of hope that Amazon’s retail business may be staging a recovery, …
Logistics real estate company WDP saw its property values rise in the first nine months of the year, but these were completely wiped out by a significant €407 mln write-downs in the fourth quarter of 2022. WDP’s write-downs showed that the real estate market changed completely in the fourth quarter of 2022. Higher financing costs …
The e-commerce market has boomed in recent years. But, with the growth in sales, the number of returns has also increased significantly. Whereas online stores used to entice consumers with free returns, it is major brands such as H&M and Zara recently started charging fees. By doing so, they want to reduce the cost of …
China internet giant Alibaba Thursday reported September-quarter results that beat earnings but showed another quarter of weak revenue performance. The e-commerce firm reported adjusted earnings of $1.82 per U.S. share on revenue of $29.12 billion. On a year-over-year basis, Alibaba’s earnings rose 15% while sales increased 3%. In the prior quarter, revenue fell by 4%. Cainiao Logistics …
Challenger in the Dutch parcel market Instabox Netherlands (and Red Je Pakketje) has been declared bankrupt. However, an internal email reveals that the company will soon have a consultation with staff and the appointed trustee Mr. Voermans. The parent company Instabox was founded in 2015 in Stockholm and operates the most extensive network of parcel …
When refrigerated products are delivered using a mobile cooler with electric transport, there are no CO2 emissions. It also reduced the number of transport movements in Amsterdam during a trial initiated by Dutch Leen Menken Foodservice Logistics and Rijkswaterstaat this spring. The test took place in Amsterdam Zuid. Further research and deploying multiple mobile cool …
Deutsche Post DHL Group officially launched parcel transport via parcel streetcar in the state capital of Mecklenburg-Vorpommern. Around 450 DHL parcel shipments will be transported on the new particular line in the city area every weekday. The additional trip starts at 11:17 a.m. at the Haselholz depot and stops at Kieler Straße, Platz der Freiheit, …
Dutch PostNL will open its parcel locker network to other carriers in 2023. This means that from then on, consumers will be able to pick up and send parcels from different carriers at a PostNL parcel locker. This is an exciting development in the parcel market to give consumers more (sustainable) delivery options. Automatic parcel …
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 …
Thousands of new electric vehicles will more than double the size of Amazon’s European zero-emission fleet—bringing it to at least 10,000 electric delivery vans and more than 1,500 electric heavy goods vehicles. Amazon today announced plans to invest more than €1 billion over the next five years to further electrify and decarbonize its transportation network …