Pandemic rapidly accelerating e-commerce in Mexico

COVID-19 has significantly altered consumer shopping patterns across Mexico, according to industry insiders.

Mexico’s largest e-commerce platforms — WalMart, Amazon and MercadoLibre — all reported gains in users and revenue during the second quarter of 2020.

Walmart de Mexico (BMV: WALMEX.MX), Walmart’s Mexico unit, reported online sales grew 217% in the second quarter and now make up 4.5% of total sales in Mexico. Walmart is the largest retailer in Mexico.

“As social distancing measures became...

https://s29755.pcdn.co/news/pandemic-rapidly-accelerating-e-commerce-in-mexico

3PLs needn’t fear etailers doing logistics, but to prosper, they must add value

Freight forwarders have nothing to fear from the in-sourcing of transport by etailers – but they must invest in technology and add value for their customers, if they want to participate in an expected doubling of growth over the next decade. 
“The only limit on 3PLs is what is between their CEOs’ ears,” said Robert Voltmann, secretary general of Fiata and president of the Transportation Intermediaries Association.  
“We see the 3PL industry doubling in size over …

The post 3PLs needn’t fear...

https://theloadstar.com/3pls-neednt-fear-etailers-doing-logistics-but-to-prosper-they-must-add-value/

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