Veho, GLS US Expand Parcel Delivery Services in New Markets

Veho and GLS US have launched parcel delivery services in new markets, expanding their reach to 118 million people across 53 US metropolitan areas. Alternative parcel carriers continue to grow, with Veho doubling its e-commerce volume in six months and GLS spurring faster deliveries across the Western US. Despite some failures, these carriers aim to attract more volume and challenge the big four of FedEx, UPS, Amazon, and the USPS.

Veho and GLS US have expanded their parcel delivery services into new markets, significantly increasing their reach. This move comes as alternative parcel carriers seek to capture a larger share of the U.S. delivery industry. Veho has extended its e-commerce shipping offerings to Pittsburgh, Cleveland, and St. Louis, bringing its total reach to 118 million people across 53 U.S. metropolitan areas [1]. Meanwhile, GLS has entered the Dallas market, aiming to enhance delivery speeds and expand pickup and delivery zones across the Western U.S. [2].

Veho's expansion is notable for its rapid growth in e-commerce volume. The company has doubled its e-commerce volume in the past six months, with millions of parcels delivered monthly for brands like Macy's, Lululemon, and Saks [1]. The carrier expects the new markets to each see over 10,000 parcels delivered per week. GLS, on the other hand, has leveraged partnerships to quickly expand its reach beyond the Western U.S., including a partnership with Better Trucks that provides access to markets like Texas [2].

While the alternative parcel carriers continue to grow, not all have achieved success. Deliver It shut down this month following financial challenges, joining other failed companies like Pandion and Maergo [2]. Despite these setbacks, the overall trend shows that alternative providers' volume growth in 2024 outpaced major carriers, according to the Pitney Bowes 2024 Parcel Shipping Index [1].

These developments highlight the ongoing competition in the U.S. delivery market. As Veho and GLS expand, they aim to challenge the dominance of the big four: FedEx, UPS, Amazon, and the U.S. Postal Service. The increasing presence of alternative carriers underscores the need for major carriers to innovate and adapt to maintain their market share.

References:
[1] https://finance.yahoo.com/news/veho-gls-us-launch-parcel-092747571.html
[2] https://www.supplychaindive.com/news/veho-gls-us-delivery-coverage-expansion/753587/