Global e-commerce, a market valued at over $1.2 trillion USD, has allowed businesses to access new opportunities for selling their goods and services abroad, giving them a channel to reach new customers beyond their own borders. More than half of U.S. online merchants sell their products overseas, and global B2C e-commerce sales in the United States are supposed to reach $370 billion by 2017. Nevertheless, there are still major operational, logistical, regulatory, security, and cultural challenges preventing retailers, especially small retailers, to fully harness the potential of global e-commerce. At a forum on March 26, 2015,, representatives from the domestic and international postal industry, e-commerce experts, and service providers analyzed these obstacles, discussed possible solutions, and explored opportunities for partnerships among the actors involved in the e-commerce value chain.
A lot of things changed in 2020. One was an unprecedented increase in online shopping. People who’d never done it before dove into internet shopping. For those who already shopped online, they shopped more. As a result, the Postal Service, and other parcel delivery companies, quickly adjusted to...Read More