Geodis has expanded its e-commerce parcel service to the Canadian market.
Geodis launched the Myparcel service in 2020 to offer a small parcel delivery service from the U.S. to 27 European countries.
As a byproduct of the Covid-19 pandemic, cross-border e-commerce activity has grown dramatically as consumers have increasingly turned to the online shopping. According to Statista, global retail e-commerce sales reached US$4.3 trillion in 2020 and is expected to jump to $5.4 trillion in 2022.
The Canadian retail e-commerce market grew by 75 percent in 2020, the second fastest-growing market globally. Canadian e-commerce sales are predicted to top $500 billion in 2022.
“With no end in sight for current cross-border e-commerce trends, it is vital brands today implement international shipping into their operations to meet demand and remain competitive,” said Manoj Pankaj, vice-president of cross-border e-commerce, B2C shipping at Geodis Americas.
The International Post Corporation reports that 25 percent of global customers cited a long delivery time as the top issue related to cross-border e-commerce.
Geodis Myparcel guarantees delivery within four to six days. The service includes a tax and customs duty calculator displayed at the shopping cart level to provide complete price transparency to customers before the transaction is completed.
The service is designed to offer a balance between speed and price at a transparent, total landed cost, Pankaj explained.
Geodis plans to continue expanding the service into new geographical areas.
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