Parcel delivery is a lucrative business especially if you’re offering your services to a large parcel market like the United States.
Such is the case for UK-based courier company Royal Mail whose financial results for 2017/2018 showed an increase in parcel revenue that was driven by eCommerce in the USA.
UK exports to the USA rising
The company said it shipped the highest volume of parcels to the USA, which has been its top shipping destination for the past four years, followed by France and Germany.
Australia and Ireland also made it to Royal Mail’s top five destinations for UK parcels.
As for business letters, Royal Mail listed Germany, Ireland, and France as its top three destinations.
“Ecommerce is becoming increasingly globalised in today’s market. Exporting and importing is key for many businesses and it is crucial that they select a delivery partner that is committed to a secure and efficient service. Royal Mail’s scale and global reach make us the natural choice for such businesses.” Royal Mail Spokesperson
The company’s UKPIL (UK Parcels, International & Letters) revenue increased by 5% in the 2017/2018 financial year thanks to the robust eCommerce industry.
They also recently launched new offerings to enhance its tracked services which are utilized by UK businesses.
These include email and SMS notifications informing online shoppers where their parcel was left, in case they weren’t home when it was delivered.
Royal Mail is still the largest UK delivery company with a reported 47% market share in 2017.
Are you a regular Royal Mail client, and if so are you sending more of your products to USA customers?
Or are you an eCommerce customer based in the USA who is buying more products from UK sellers? Let us know what you think of them in the comments section below or over on our Facebook Group.
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