Dear readers, just recently DB Schenker was a “Gold” partner at the “eCommerce Expo Asia” in Singapore. Our presence at one of the world’s premier online trade conventions is of strategic importance to us. After all, the significance of this segment continues to grow at a rapid rate and with it the demands it places on logistics. In 2017 global online sales totaled 2.3 trillion US dollars – a rise of 25 percent over the previous year, according to the analysts at APEX Insight. These figures reflect an increase that players in the traditional retail business can only dream of.
In terms of logistics, this means that no less than 2,300 parcels are being dispatched every second, the bulk of which are goods that have been purchased online – and these figures only reflect the 13 important markets, like China and the USA, where Pitney Bowes has conducted a survey. One thing all analysts agree on is that we will continue to see a boom in e-commerce this year and beyond, for as they argue, by the end of 2017 online purchases merely accounted for a share of just over 10 percent of total global retail sales.
This leaves plenty of untapped potential – also, and especially, for a logistics service provider like us! It must be conceded that major e-commerce players are currently doing their best to establish their own logistics infrastructures. However, given our global transport and state-of-the-art warehouse network and our team of experts, who are constantly driving forward solutions custom-made for online trade, we have no reason to shy away from the competition. For a deeper insight into DB Schenker’s current activities in this regard, I recommend you read the interview with our e-commerce Vice President, Vanessa Holl, in this edition.
Chairman of the Board of Management at Schenker AG