CILT on 10th September reported that Pitney Bowes Parcel Shipping Index reports that parcel shipping generated $279 billion in revenue last year, an increase of 11% over 2016. Parcel volume globally grew 17% last year to 74.4 billion parcels, up from 63.6 billion in 2016.  China once again reported the largest parcel volume growth at 28% year-over-year (YOY).  If you exclude China from the Index, the global growth number drops from 17% to 6%.  The UK shipped a total of 3.2 billion parcels in 2017, growing 8% YOY, which represented 48 parcels shipped per person.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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