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| ©iStock/William_Potter |
According to a report entitled “
E-Commerce Logistics in the United States,” e-commerce logistics costs in the U.S. now accounts for 6.9% of total U.S. logistics costs, which is ahead of 2016’s 5.2% tally. Making these figures even more significant is that based on data from the U.S. Census Bureau, when it first tracked e-commerce sales in 1999, e-commerce represented a mere 0.6% of total retail sales.
The report also indicates that over the last five years, e-commerce logistics costs have a compound annual growth rate of around 15%, with the expectation that it will remain at the level or head further up.
It estimates that U.S. e-commerce logistics costs are expected to increase at an 18.8% rate per year through 2020.
Learn more about
U.S. e-commerce logistics costs and what is expected in the future.
from The Global Small Business Blog https://ift.tt/2JPvPXw
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