Postal Services Shift to Parcels Amid Growing Online Shopping

Global postal services are experiencing a shift, with package deliveries growing to offset declining letter volumes. Despite increased parcels, profit margins are worsening due to rising costs. Posts and delivery companies are raising shipping prices and investing in parcel networks, with some even diversifying into new areas. This transformation is crucial as the industry adapts to the digital age and changing consumer behavior.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.