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Courier, Express and Parcel (CEP) Market size is set to grow by USD 165 billion from 2024-2028, Rise in ftas to drive investments in courier, express, and parcel markets in emerging economies to boost the market growth, Technavio

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NEW YORK, June 28, 2024 /PRNewswire/ — The global courier, express and parcel (CEP) market  size is estimated to grow by USD 165 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.8%  during the forecast period. Rise in ftas to drive investments in courier, express, and parcel markets in emerging economies is driving market growth, with a trend towards growing integration of last-mile delivery models with courier, express, and parcel companies. However, increasing threat from sharing-based business models  poses a challenge. Key market players include Allied Express Transport Pty Ltd., Aramex International LLC, Canada Post Corp., Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, and Yamato Transport Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies – Click for the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Consumer (B2B, B2C, and C2C), Delivery (International and Domestic), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Allied Express Transport Pty Ltd., Aramex International LLC, Canada Post Corp., Deutsche Post AG, DTDC Express Ltd., FedEx Corp., First Flight Courier Ltd., India Post, Japan Post Holdings Co. Ltd., Korea Post, La Poste, Nippon Express Holdings Inc., One World Express Inc. Ltd., Otto GmbH and Co. KG, Royal Mail Plc, SF Express Co. Ltd., Singapore Post Ltd., United Parcel Service Inc., United States Postal Service, and Yamato Transport Co. Ltd.

Key Market Trends Fueling Growth

The last-mile delivery (LMD) model integration with e-commerce vendors is a significant market trend, driven by the increasing demand for instant delivery services. This growth is particularly noticeable in the instant delivery market, where high capital investments are being made in startups and venture firms. The e-commerce sector is responding by introducing new delivery models, such as hub-and-spoke and LMD, to cater to customer needs. These models include postal mail run, crowd shipping, courier delivery, and delivery to lockers. Despite the popularity of instant delivery, price remains a key decision factor for over half of online customers. However, for certain product categories like medicines and groceries, customers prefer traditional purchasing methods due to longer delivery times. To differentiate themselves, major e-commerce players like Amazon, Myntra, e-bay, and Flipkart are focusing on faster delivery services, leading to increased alliances with logistics vendors and market growth during the forecast period. 

The Courier, Express and Parcel (CEP) market is currently experiencing significant growth, driven by the increasing demand for fast and reliable delivery services. Domestic and international shipping volumes are on the rise, with a particular focus on e-commerce and business-to-business transactions. Technologies such as automation and real-time tracking are trending, allowing for more efficient and transparent operations. Delivery companies are also expanding their networks and services, offering new options like same-day and overnight delivery. Additionally, the use of manufacturing hubs and distribution centers is becoming more common to reduce delivery times and costs. Overall, the CEP market is evolving to meet the changing needs of consumers and businesses alike. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The Courier, Express, and Parcel (CEP) market is highly competitive, with new players, including startups and merging companies, entering the scene. These new entrants utilize technology and attractive freight rates to gain an edge. The logistics industry’s potential for technological advancements, such as robotics and ICT, remains untapped due to digitalization and labor training challenges. Partnerships between industry players and technology providers, as well as global companies’ entry, are driving the CEP industry’s digital transformation, leading to cost savings, improved efficiency, and service quality assurance. This transformation may pose a threat to market growth in the forecast period.The Courier, Express and Parcel (CEP) market faces several challenges in providing efficient and reliable services. One major challenge is the increasing demand for faster delivery times, particularly in the e-commerce sector. Another challenge is the need to maintain a large and dispersed network of delivery centers and transportation fleets to ensure timely delivery. Domestic and international regulations also pose challenges in terms of compliance and documentation requirements. Additionally, the rise of digital technologies and automation necessitates significant investment in IT infrastructure and systems upgrades. Markets can be segmented based on services offered, such as on-demand, scheduled, and same-day delivery, and by regions including North America, Europe, Asia Pacific, and others. Competition is intense, with major players including UPS, FedEx, DHL, and TNT, among others.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This courier, express and parcel (cep) market report extensively covers market segmentation by

Consumer 1.1 B2B1.2 B2C1.3 C2CDelivery 2.1 International2.2 DomesticGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 B2B-  The B2B segment of the Courier, Express, and Parcel (CEP) market involves business transactions for procurement of raw materials or finished goods. This sector contributes significantly to the supply chain and is growing moderately due to e-commerce expansion and Internet penetration. E-commerce solutions enhance B2B efficiency with features like custom pricing, catalogs, and streamlined checkout. The B2B e-commerce model is being adopted, leading to direct sales and cross-border trade. However, complexities from increased e-commerce volume, instant delivery demands, and return shipment management pose challenges for CEP service providers. Despite these hurdles, investments from B2B companies in direct selling methods and cross-border trade in emerging economies fuel market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Courier, Express and Parcel (CEP) market caters to various sectors, including retail customers, government agencies, and both business and individual clients. This industry offers efficient and reliable delivery solutions for parcels and documents via air, water, land, ensuring safe delivery options and timely delivery. The market is particularly crucial for international trade, providing trackability and immediate delivery solutions for critical items such as medical supplies, legal documents, and perishable goods. Cross-border e-commerce and international parcel deliveries are significant growth areas, with distribution industries relying on CEP services for efficient and timely delivery of parcel shipments. Emergency CEP services are also essential for delivering critical items in a time-sensitive manner. Potential clients in various industries look for CEP services that offer timely, secure, and cost-effective delivery options for their parcels and documents.

Market Research Overview

The Courier, Express and Parcel (CEP) market is a significant sector in the logistics industry, focusing on the timely transportation of documents, packages, and freight. This market caters to various sectors, including e-commerce, healthcare, and government, among others. The demand for CEP services is driven by factors such as increasing urbanization, e-commerce growth, and the need for efficient supply chain management. The market is characterized by intense competition and innovation, with players offering various services such as real-time tracking, priority delivery, and customized solutions. The CEP industry is also leveraging technology, including automation, artificial intelligence, and the Internet of Things (IoT), to enhance operational efficiency and customer experience. Additionally, sustainability is becoming a key focus area, with players exploring alternative fuel options and implementing carbon-neutral practices.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ConsumerB2BB2CC2CDeliveryInternationalDomesticGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Earth’s pulse monitored: a review highlights remote sensing time series progress

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As urbanization accelerates and environmental dynamics shift, the need for accurate and timely terrestrial monitoring has never been more urgent. A review has introduced a novel approach to remote sensing time series analysis, integrating multi-source data to enable near real-time monitoring. This innovative methodology promises to transform environmental conservation and urban planning by providing unprecedented insights into terrestrial changes and offering a more precise understanding of environmental dynamics.

GUANGZHOU, China, Dec. 22, 2024 /PRNewswire-PRWeb/ — An international team of researchers from South China Normal University, the University of Connecticut, and the Chinese Academy of Sciences has made a significant breakthrough in remote sensing. Their review, published (DOI: 10.34133/remotesensing.0285) in the Journal of Remote Sensing on December 11, 2024, addresses key challenges in remote sensing, such as incomplete data and noise interference. The team’s new time series analysis technique leverages advanced data reconstruction and fusion methods, significantly enhancing the precision and efficiency of remote sensing for monitoring environmental changes.

The research team has developed an advanced time series analysis technique that combines deep learning algorithms with traditional remote sensing methods to integrate data from various remote sensing sources. This innovative approach allows for the extraction of subtle patterns from large, complex datasets, which is crucial for monitoring critical environmental parameters such as land use and vegetation health. Unlike conventional techniques that struggle with incomplete or noisy data, this new methodology offers enhanced accuracy and more reliable insights into terrestrial dynamics, paving the way for more effective environmental monitoring.

Central to the study’s success is the integration of Long Short-Term Memory (LSTM) networks and Generative Adversarial Networks (GANs) to address the challenges posed by missing or noisy data. The LSTM networks capture temporal trends over time, while the GANs generate synthetic data that mimics real-world observations to fill gaps and correct for atmospheric distortions. This dual approach has resulted in a cleaner, more accurate time series dataset, which was validated against independent ground truth measurements. The researchers demonstrated significant improvements in key vegetation indices, such as the Normalized Difference Vegetation Index (NDVI), setting a new benchmark in the field of remote sensing.

Experts in the field have lauded the study’s potential to revolutionize remote sensing applications. They see the method as a transformative tool for enhancing high-resolution monitoring and extending its coverage, particularly in agricultural surveillance, urban planning, and environmental management. “This method represents a crucial advancement in our ability to monitor environmental changes,” says Professor Fu. “As it evolves, it could play a key role in addressing climate change and other global challenges.”

The methodology’s future applications are vast, especially in global environmental monitoring and supporting sustainable development goals. By integrating multi-temporal data from Landsat and Sentinel-2 satellites, the team has created a framework for accurate and continuous terrestrial analysis. As computational power advances and algorithms improve, this technology is expected to become a vital tool for natural resource management, disaster response, and climate change mitigation. In the years to come, it could provide critical data to help policymakers address pressing environmental issues on a global scale.

References

DOI

10.34133/remotesensing.0285

Oiginal Source URL

https://doi.org/10.34133/remotesensing.0285

Funding information

This work was supported by the National Nature Science Foundation of China (grant numbers 42425001 and 42071399).

About Journal of Remote Sensing

The Journal of Remote Sensing, an online-only Open Access journal published in association with AIR-CAS, promotes the theory, science, and technology of remote sensing, as well as interdisciplinary research within earth and information science.

Media Contact

George Hua, Chuanlink Innovations, 1 8656606278, TranSpread1@gmail.com, http://chuanlink-innovations.com/

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ZINZINO AB (PUBL.): ENTERS INTO AGREEMENT TO PROVIDE DIP FINANCING TO ZURVITA INITIATING CHAPTER 11 PROCESS

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GOTHENBURG, Sweden, Dec. 22, 2024 /PRNewswire/ — Zinzino has in a press release dated 20240617 announced that a letter of intent to acquire 100% of the shares in the North American direct selling company Zurvita Inc. “Zurvita or the Company” was signed. Since then, Zinzino has negotiated with the owners of Zurvita Inc. and instead concluded that the purchase of Zurvita’s assets in a Chapter 11 proceeding for the Company is in Zinzino’s best interest.

Zinzino is providing a debtor-in-possession (DIP) financing to Zurvita, which filed for Chapter 11 bankruptcy proceedings on the 20th December 2024. By entering as a financier in Zurvita’s Chapter 11 with loans totaling USD 4.5 million, Zinzino simultaneously makes an offer to acquire the company’s assets via a so-called stalking horse bid. If the bid is accepted, the DIP loan will be converted into part of a debt-settled purchase price, which will be determined after Zurvita has completed the sale process that is subject to higher and better offers in accordance with the applicable terms of Chapter 11. Other bidders have the right to submit bids for Zurvita during the process and if another bid is accepted, Zinzino’s loan will be repaid and certain of its costs associated with the process will be reimbursed. 

Zurvita is a direct selling health company with operations in the United States, Canada and Mexico. The brand portfolio offers a range of innovative health and wellness products. The business has total annual sales of approximately USD 30 million with good gross margins. A potential transaction with Zinzino is expected to add growth through the synergies arising from the joint networks, combined with Zinzino’s test-based product concept. The profitability of the Company will thus be able to develop well by utilizing Zinzino’s existing technical platform and organization.

A visionary mindset, tech first perspective, test-based nutrition at the cellular level and a strong position to capitalize on current trends will form the basis of the new partnership. Following the acquisitions of VMA Life in 2020, Enhanzz in 2022, the strategic partnership with ACN and the recently completed asset acquisition of Xelliss, Zinzino has been looking for further strong investments to maintain its sustainable, profitable growth, strengthen its distribution power, expand into new markets and leverage the product portfolio in new consumer areas.

– “Individualized advice and tailored solutions are the future, and not just in health and wellness,” says Dag Bergheim Pettersen, CEO of Zinzino. “Together, we have years of combined industry experience and everything it takes to drive the modern, personalized shopping experience through direct sales”. Jay Shafer, CEO and co-founder of Zurvita, states “After considering multiple options for the company and under the guidance of our attorneys and third-party advisors, we feel this presents the best opportunity to continue Zurvita’s mission, deliver the highest quality products, and provide continuity for our staff and consultants. We are excited to see what the future holds for Zurvita.” 

For more information:
Dag Bergheim Pettersen CEO Zinzino +47 (0) 932 25 700, www.zinzino.com

Pictures for publication free of charge:
marketing@zinzino.com

Certified Adviser:
Carnegie Investment Bank AB (publ.)

Zinzino AB (publ.) is obliged to publish this information in compliance with current EU regulations governing market abuse. The information was provided by the above contact person for publication at 20.00 on the 21st of December 2024.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/zinzino/r/zinzino-ab–publ–enters-into-agreement-to-provide-dip-financing-to-zurvita-initiating-chapter-11-pr,c4086040

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Meet With Culture: Exquisite Craftsmanship of Traditional Chinese Architecture

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BEIJING, Dec. 22, 2024 /PRNewswire/ — The Temple of Agriculture in Beijing played a significant role during the Ming (1368-1644) and Qing (1644-1911) dynasties. Over nearly 600 years, 25 emperors personally visited or sent ministers to perform spring farming ceremonies and offer sacrifices to Shennong, the god of agriculture.

 

Built in 1420 during the Yongle reign, the temple’s predecessor was the Temple of Mountains and Rivers in Nanjing. When Emperor Zhu Di moved the Ming capital to Beijing, he constructed a larger temple inspired by the Nanjing temple, which gradually evolved into the Temple of Agriculture.

The Taisui Hall, the largest building complex in the temple, now serves as a major exhibition hall of the Beijing Ancient Architecture Museum, showcasing models of classical Chinese buildings and demonstrating the solemnity of royal architecture.

Ancient Chinese architecture is predominantly wooden-structured, chosen for its availability, versatility, and earthquake resistance. Artisans developed sophisticated techniques in material selection and construction. The wooden framework consists of columns, beams, girders, and purlins, with innovative structural forms like lifting-beam and piercing-bracket structures.

A unique architectural element is the dougong (bracket sets), which supports weight and connects beam frames with column walls. Mortise-tenon joints were invented to create elastic frameworks by connecting different components.

While discussing the Temple of Agriculture, it’s worth noting another remarkable example of architectural hierarchy which could be found in the Temple of Heaven. The hierarchy of architectural designs reflected social stratification, with eave structures like the triple-layered eaves of the Hall of Prayer for Good Harvest representing the highest-level architectural design.

Over centuries, the Temple of Agriculture has transformed from an imperial garden to a public park and a museum for historical architecture, now standing as a significant cultural landmark that symbolizes China’s agricultural civilization and architectural heritage along Beijing’s Central Axis.

Quickly join Alexandre to study and explore the traditional Chinese architecture.
https://youtu.be/YpA03WiZ9Wc

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SOURCE China International Communications Group

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