top of page
Search
  • Writer's pictureStephen Fodor

E-Commerce is Booming in the Post-Covid Economy

Updated: Oct 6, 2020

Monday Morning Wake Up Call



October 5, 2020


Demand for Big-Box Warehouses Soars Under E-Commerce Surge, Report Says


A key measure of demand for big warehouses soared 51% in the first half of 2020 as the pandemic-driven surge in online sales sent companies scrambling for space to store and deliver goods to locked-down consumers.


The rush toward distribution centers was most pronounced at the largest end of the market, real-estate brokerage firm Colliers International Group Inc. said in a report released Thursday, as Amazon. com Inc. and other e-commerce and logistics providers accelerated a push toward sprawling facilities to process, package and ship digital orders.


E-Commerce Surge Draws Investment to Online Retail Logistics Providers


The rush to online shopping is drawing fresh investor attention as the coronavirus pandemic supercharges digital demand.


E-commerce logistics and technology provider ShipBob Inc. raised $68 million to expand its fulfillment network and add business-to-business service shipping palletized goods to retailer distribution centers and stores, the company said Monday.


E-Commerce Sales Will Explode This Holiday Season, Putting Retailers’ Online Strategies To The Test


While we await the National Retail Federation’s holiday retail forecast – which will come any day – Deloitte and Forrester are out with their predictions for holiday 2020 and year-end.


Big Four accounting firm Deloitte has a “glass half full” view, expecting a rise in holiday retail sales between 1% to 1.5%. On the other hand, market research firm Forrester looks and sees the glass half empty, with retail sales declining 2.5% for the full year.

Despite their differing forecasts, both firms are firm about one thing: This will be the year when online shopping explodes.


If you have any questions please contact us at info@tradelogicintl.com

8 views0 comments

Recent Posts

See All

Subscribe to My Linkedin Newsletter

To help you keep up to date on topics the impact the U.S. international trade community, be sure to read my latest newsletter and subscribe for future updates too. https://www.linkedin.com/posts/trade

Section 301 Duty Exclusions Set to Expire on 12/31/23

Unless Congress acts quickly, the duty exclusions currently in place for certain products imported from China are set to expire on Dec. 31st. Importers who currently enjoy these exclusions on their pr

Duty Drawback Services Now Offered by CSS

Please visit our web page www.cssbrokers.com and click the link for Duty Drawback for more information. U.S. companies miss out on hundreds of millions of dollars in duty refunds, make sure your compa

  • Twitter
  • LinkedIn
  • Facebook
  • YouTube
  • Instagram

need assistance from a licensed CUSTOMS broker?

Thanks for submitting!

bottom of page