Q1 2024 E-Commerce Logistics Data Points You Need to Know
The first quarter of 2024 has shown some interesting shifts in e-commerce logistics, revealing trends that could impact the global market. Through a comprehensive analysis of both domestic and cross-border shipping performances, we have gleaned deeper insights into the efficiency improvements and challenges currently shaping the sector. Here’s a detailed look at the key metrics and changes observed in Q1 2024:
Europe Displays Varied Progress
In the European market, domestic logistics performances have shown improvement in some countries while others faced minor setbacks. The United Kingdom has led with notable improvements, highlighted by a decrease in average transit times from 1.29 days in Q4 2023 to 1.23 days in Q1 2024. Additionally, the first-attempt delivery success rate has slightly increased, from 94.8% to 95.1%.
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