Cross-Border E-Commerce in Europe, Maersk Acquires Pilot Freight Services and More
Welcome to?E-Commerce Logistics Unwrapped, a weekly series covering the latest news and industry insights that you might have missed previously. Like what you are reading? Subscribe using the button above and make sure to share this with your network.
Following the analysis of cross-border e-commerce in?Australia,?Southeast Asia, and the?United States, it is now time for us to take a closer look at the European market. In 2021, Europe’s cross-border e-commerce market was valued at?€12,710M, with?Germany representing approximately 28.5% of the total market share. Check out the full article to find out how the region's state of e-commerce has evolved since then!
In the latest episode of our ‘Unpacking E-Commerce Logistics series, we sat down with Charles Brewer, Group Chief Executive Officer of Pos Malaysia Berhad to talk about leadership amidst the present supply chain disruptions. Leveraging on his decades of expertise, he shared his experience in delivering great leadership over the years. The session was moderated by Arne Jeroschewski,?Founder & CEO of Parcel Perform.
Despite its well-developed economy,?Belgium still lags behind other European countries?in terms of e-commerce and logistics infrastructure. That being said, the country is home to one of the fastest-growing e-commerce markets, with highly unexplored market potential for parcel delivery services.?As part of our state of e-commerce series last year, we covered Belgium’s figures for H2 2020. Click here to learn about the developments last year!
It has been yet another great week for startups in the e-commerce, logistics and supply chain space, with plenty of investments pouring in from established venture firms. In last week’s?Ecosystem Funding Roundup, we had a chance to feature 6 of them, namely Evenflow, Paccurate, Cooee, Outerspace, Zepto and Tengiva. A huge congratulations to all!
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Colgate-Palmolive (India) announced the appointment of Prabha Narasimhan as its Managing Director and Chief Executive Officer, effective from 1st September. Currently, Narasimhan is heading the home care category at Hindustan Unilever Limited (HUL) as the Executive Director. According to?CNBC, she first joined HUL back in 2006 as a Regional Marketing Manager before she rose through the ranks over the 15 years at the company.
A.P. Moller-Maersk has completed its acquisition of Pilot Freight Services at the transaction price of $1.68 billion. Established in 1970, Pilot Freight Services is a leading international transportation and logistics provider with 87 stations and hubs located throughout North America. Maersk’s international network, coupled with Pilot’s logistics offerings will “create significant new capabilities”, offering customers over 150 facilities in the US alone.
In order to bolster omnichannel logistics across Asia, FM Logistic set up a 70,000m2?facility in India and a 20,000m2??distribution center in Vietnam. FM Logistic is a third-party logistics provider that ensures the optimization of the global supply chain. Leveraging its vast network of 26,000+ collaborators, the company aspires to create sustainable omnichannel supply chains that promote a more responsible consumption for everyone.
Parcel Monitor?is the leading platform for e-commerce logistics insights. By leveraging on their data capabilities, Parcel Monitor creates an open space for the ecosystem to discover, collaborate and innovate.
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