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Day: 4 May 2023

European Logistics Footprint Strenghtened

Posted on by Keith McKinley

Hines, a global real estate investment, development, and property manager, has acquired five logistics assets across three separate transactions from different vendors throughout the UK, Spain, and The Netherlands on behalf of its Hines European Property Partners (HEPP) core-plus fund.

In the current macro-economic climate, investor appetite for high quality logistics assets remains healthy, backed by strong occupier demand and robust operating fundamentals. The locations of the assets are strong, with the majority of the assets in The Netherlands situated adjacent to Schiphol Airport, the Spanish asset is five minutes from Terminal 2 at Aeropuerto Josep Tarradellas Barcelona-El Prat, and the UK asset is located in Warrington in an urban location, all benefiting from superior transportation links.

Consistent with Hines’ value-focused logistics acquisition strategy, in addition to the high-quality locations, the five assets are highly functional for the needs of their current and future occupiers and were acquired at an attractive capital value basis, reflective of the current market environment, and at a material discount to replacement cost. All of the assets are leased in their entirety, with a weighted average unexpired lease term of approximately 7.5 years.

Last year Hines completed approximately €1.4 billion of logistics transactions across Europe, and currently has approximately 744,000 square metres of logistics assets under construction throughout Europe including the Czech Republic, France, Germany, Italy, Poland, the Netherlands, Spain and the UK, increasing its logistics assets under management and development in Europe to approximately €3.2 billion1.

Jorge Duarte, fund manager of HEPP at Hines, said: “These acquisitions reflect our value and income-focused logistics aggregation strategy to carefully pinpoint well located assets within Europe’s most dynamic regions, at attractive prices, particularly in the context of the current market environment. We remain focused on acquiring attractively priced income producing assets throughout Europe, which we can add value over time through proactive asset management and a focus on ESG.”

European Logistics Footprint Strenghtened

Posted on by David Priestman

Hines, a global real estate investment, development, and property manager, has acquired five logistics assets across three separate transactions from different vendors throughout the UK, Spain, and The Netherlands on behalf of its Hines European Property Partners (HEPP) core-plus fund.

In the current macro-economic climate, investor appetite for high quality logistics assets remains healthy, backed by strong occupier demand and robust operating fundamentals. The locations of the assets are strong, with the majority of the assets in The Netherlands situated adjacent to Schiphol Airport, the Spanish asset is five minutes from Terminal 2 at Aeropuerto Josep Tarradellas Barcelona-El Prat, and the UK asset is located in Warrington in an urban location, all benefiting from superior transportation links.

Consistent with Hines’ value-focused logistics acquisition strategy, in addition to the high-quality locations, the five assets are highly functional for the needs of their current and future occupiers and were acquired at an attractive capital value basis, reflective of the current market environment, and at a material discount to replacement cost. All of the assets are leased in their entirety, with a weighted average unexpired lease term of approximately 7.5 years.

Last year Hines completed approximately €1.4 billion of logistics transactions across Europe, and currently has approximately 744,000 square metres of logistics assets under construction throughout Europe including the Czech Republic, France, Germany, Italy, Poland, the Netherlands, Spain and the UK, increasing its logistics assets under management and development in Europe to approximately €3.2 billion1.

Jorge Duarte, fund manager of HEPP at Hines, said: “These acquisitions reflect our value and income-focused logistics aggregation strategy to carefully pinpoint well located assets within Europe’s most dynamic regions, at attractive prices, particularly in the context of the current market environment. We remain focused on acquiring attractively priced income producing assets throughout Europe, which we can add value over time through proactive asset management and a focus on ESG.”

Hellmann Achieves Record Result

Posted on by David Priestman

Hellmann Worldwide Logistics has concluded the 2022 financial year very successfully, continuing the company’s strong performance of recent years in the face of persistently challenging market conditions. Hellmann was able to increase its total sales by 24 % to EUR 5.0 billion (2021: EUR 4.1 billion) as well as shipment volumes, which grew significantly year-on-year to just under 20 million (2021: 18.1 million). At the EBIT line, Hellmann was able to achieve an increase of 31 % vs. the prior year, delivering an EBIT result of EUR 210.8 million (previous year: EUR 160.1 million). Thanks to the improved cash flow from operating activities of EUR 268.7 million, liquidity improved by a total of EUR 124.7 million despite a significant increase in investments.

Beyond its positive financial performance, Hellmann also successfully continued its strategic development last year. For example, even during continued market disruptions from the COVID pandemic and the war against Ukraine, the Group stuck to its digitalization strategy and invested significantly in digitalization of business processes and forward-looking technologies. Hellmann also made several acquisitions in support of further growth, such as the takeover of the joint venture in Peru and the acquisition of OptimNet, an overnight express provider operating in the Czech Republic and Slovakia. The international growth course and the expansion of the Hellmann network also continued to show success: Having already expanded its business activities to Indonesia, the Philippines, Egypt, Oman and France since 2020, Hellmann also opened its own country organization in Switzerland last year to expand its product portfolio and its footprint into the Swiss market.

An important topic of the last year was the continued development of the company culture, particularly as regards the sustainable positioning the global family-owned Hellmann Group. With the guiding principle of ‘For the better. Together.’, a vision was defined that unites the global Hellmann FAMILY and shapes the daily behaviour of all employees. In a rapidly changing world, Hellmann is living up to its goal of assuming responsibility for its employees and customers and to contribute to overcoming the current social and ecological challenges.

“2022 was once again a challenging year in many respects: While the first half of the year continued to be characterized by capacity bottlenecks, particularly in the air- and sea freight sectors, demand for transport services declined significantly from the summer of 2022 onwards due to changes in consumer behaviour worldwide. This in turn led to overcapacity on global trade lanes in almost all product areas during the second half of the year and consequently lower freight rates. Despite these challenges, thanks to our strong global and regional teams and our solid network, we succeeded in offering our customers tailored logistics solutions throughout the year and were able to achieve another record result in 2022,” said Jens Wollesen, Chief Operating Officer, Hellmann Worldwide Logistics.

“The goal is to continue to expand our global competitive position across all product areas in the coming years. As such, we are planning further strategic acquisitions as well as sustainable investments in the modernization of our systems and processes,” added Martin Eberle, Chief Financial Officer, Hellmann Worldwide Logistics.

“Our vision for all of our actions in the years to come is “For the better. Together.” In this context, sustainability is of central importance. Together with and for our customers, employees, and partners, we are committed to further developing our sustainable logistics solutions,” emphasizes Reiner Heiken, Chief Executive Officer, Hellmann Worldwide Logistics.

Hellmann Achieves Record Result

Posted on by David Priestman

Hellmann Worldwide Logistics has concluded the 2022 financial year very successfully, continuing the company’s strong performance of recent years in the face of persistently challenging market conditions. Hellmann was able to increase its total sales by 24 % to EUR 5.0 billion (2021: EUR 4.1 billion) as well as shipment volumes, which grew significantly year-on-year to just under 20 million (2021: 18.1 million). At the EBIT line, Hellmann was able to achieve an increase of 31 % vs. the prior year, delivering an EBIT result of EUR 210.8 million (previous year: EUR 160.1 million). Thanks to the improved cash flow from operating activities of EUR 268.7 million, liquidity improved by a total of EUR 124.7 million despite a significant increase in investments.

Beyond its positive financial performance, Hellmann also successfully continued its strategic development last year. For example, even during continued market disruptions from the COVID pandemic and the war against Ukraine, the Group stuck to its digitalization strategy and invested significantly in digitalization of business processes and forward-looking technologies. Hellmann also made several acquisitions in support of further growth, such as the takeover of the joint venture in Peru and the acquisition of OptimNet, an overnight express provider operating in the Czech Republic and Slovakia. The international growth course and the expansion of the Hellmann network also continued to show success: Having already expanded its business activities to Indonesia, the Philippines, Egypt, Oman and France since 2020, Hellmann also opened its own country organization in Switzerland last year to expand its product portfolio and its footprint into the Swiss market.

An important topic of the last year was the continued development of the company culture, particularly as regards the sustainable positioning the global family-owned Hellmann Group. With the guiding principle of ‘For the better. Together.’, a vision was defined that unites the global Hellmann FAMILY and shapes the daily behaviour of all employees. In a rapidly changing world, Hellmann is living up to its goal of assuming responsibility for its employees and customers and to contribute to overcoming the current social and ecological challenges.

“2022 was once again a challenging year in many respects: While the first half of the year continued to be characterized by capacity bottlenecks, particularly in the air- and sea freight sectors, demand for transport services declined significantly from the summer of 2022 onwards due to changes in consumer behaviour worldwide. This in turn led to overcapacity on global trade lanes in almost all product areas during the second half of the year and consequently lower freight rates. Despite these challenges, thanks to our strong global and regional teams and our solid network, we succeeded in offering our customers tailored logistics solutions throughout the year and were able to achieve another record result in 2022,” said Jens Wollesen, Chief Operating Officer, Hellmann Worldwide Logistics.

“The goal is to continue to expand our global competitive position across all product areas in the coming years. As such, we are planning further strategic acquisitions as well as sustainable investments in the modernization of our systems and processes,” added Martin Eberle, Chief Financial Officer, Hellmann Worldwide Logistics.

“Our vision for all of our actions in the years to come is “For the better. Together.” In this context, sustainability is of central importance. Together with and for our customers, employees, and partners, we are committed to further developing our sustainable logistics solutions,” emphasizes Reiner Heiken, Chief Executive Officer, Hellmann Worldwide Logistics.

Top 5 Supply Chain Implementation Risks

Posted on by David Priestman

Smart factory operations can help supply chain leaders achieve many of their highest priorities, but the challenges are too often underestimated, according to research from Gartner, Inc. Successful smart factory initiatives require accompanying cultural and operational transformations that are slow by nature and in many cases will require entirely new organizational designs to integrate the new capabilities within the broader supply chain.

“Smart factory operations hold the allure of numerous benefits for supply chain leaders, from expanding lights out manufacturing capabilities to improving quality and solving labor challenges,” said Simon Jacobson, VP Analyst in Gartner’s Supply Chain Practice. “The potential for transformational benefits can also present the biggest pitfall, as organizations may rush into launching smart factory initiatives without a clear understanding of the extent of the challenges facing them.”

Gartner research has identified the five top risks to avoid when launching new smart factory initiatives:

1. Confusing factory optimization with business model transformation: The optimization benefits of a smart factory are confined to that single site. When smart factory initiatives are disconnected from the rest of the supply chain, the site level benefits can come at the expense of creating costly constraints elsewhere in the business. This risk can be mitigated by ensuring factory objectives are synchronized with supply chain operating models and enterprise digital ambitions, flexibility and automation opportunities.
2. Overlooking the scope of change management: New technology acquisition may be straightforward and relatively cheap. Underestimating the resulting changes to existing processes, integrations and new performance targets can drive up both cost and time. This risk can be managed in part by treating such changes as part of an enterprise-wide initiative that requires alignment between senior leadership and the utilization of continuous improvement teams to ensure initiatives are properly sequenced.
3. Underestimating the complexity of aligning and converging IT, OT and ET: Governance for smart factories is not just centered on plant-business connections but also on how IT, operational technology (OT) and engineering technology (ET) are managed. These three are inseparable, and their convergence and alignment are critical as production models change. To mitigate the complexity of this risk, supply chain leaders should familiarize themselves with alternative organizational models for IT/OT alignment and evolve governance and organizational structures in line with new production models.
4. Insufficient funding for upskilling, reskilling and talent development: Modernizing learning and development (L&D) programs to help associates learn, acquire and retain knowledge to acquiesce to new experiences is essential. So too is enabling employees to execute the work they are aligned to support through additional education and upskilling.
5. Narrowly focusing on a single use case and technology: As technology options increase and expand, too much focus on enabling technologies and the “art of the possible” can expose organizations to a significant IT backlog and technical debt. The environment is complicated by the fact that there is no single dominant technology or vendor that fulfils all smart factory requirements. Technology purchases must be balanced between strategic considerations such as the ability to scale, along with the pragmatic, such as planning appropriately for operational disruptions.

Experts to Discuss Key Supply Chain Technology Trends at the 2023 Gartner Supply Chain Symposium/Xpo in Barcelona, June 5-7

Attendees of the Gartner Supply Chain Symposium/Xpo in Barcelona can learn more in the session: “Eliminate Variability From Your Smart Factory Strategy” on Monday, June 5.
Gartner clients can learn more in: Innovation Insight for Smart Factory. Nonclients can learn more in: Supply Chain Technologies and Digital Transformation.

Gartner experts will discuss key issues facing the industry during Gartner Supply Chain Symposium/Xpo. The conference delivers the must-have insights, strategies and frameworks for CSCOs and supply chain leaders to drive impact within their organizations. Supply chain leaders will gather to gain a strategic view of the trends disrupting their business and the insights and frameworks they can use to prepare for disruption, enable digital transformation and build sustainability as a competitive advantage.

Top 5 Supply Chain Implementation Risks

Posted on by David Priestman

Smart factory operations can help supply chain leaders achieve many of their highest priorities, but the challenges are too often underestimated, according to research from Gartner, Inc. Successful smart factory initiatives require accompanying cultural and operational transformations that are slow by nature and in many cases will require entirely new organizational designs to integrate the new capabilities within the broader supply chain.

“Smart factory operations hold the allure of numerous benefits for supply chain leaders, from expanding lights out manufacturing capabilities to improving quality and solving labor challenges,” said Simon Jacobson, VP Analyst in Gartner’s Supply Chain Practice. “The potential for transformational benefits can also present the biggest pitfall, as organizations may rush into launching smart factory initiatives without a clear understanding of the extent of the challenges facing them.”

Gartner research has identified the five top risks to avoid when launching new smart factory initiatives:

1. Confusing factory optimization with business model transformation: The optimization benefits of a smart factory are confined to that single site. When smart factory initiatives are disconnected from the rest of the supply chain, the site level benefits can come at the expense of creating costly constraints elsewhere in the business. This risk can be mitigated by ensuring factory objectives are synchronized with supply chain operating models and enterprise digital ambitions, flexibility and automation opportunities.
2. Overlooking the scope of change management: New technology acquisition may be straightforward and relatively cheap. Underestimating the resulting changes to existing processes, integrations and new performance targets can drive up both cost and time. This risk can be managed in part by treating such changes as part of an enterprise-wide initiative that requires alignment between senior leadership and the utilization of continuous improvement teams to ensure initiatives are properly sequenced.
3. Underestimating the complexity of aligning and converging IT, OT and ET: Governance for smart factories is not just centered on plant-business connections but also on how IT, operational technology (OT) and engineering technology (ET) are managed. These three are inseparable, and their convergence and alignment are critical as production models change. To mitigate the complexity of this risk, supply chain leaders should familiarize themselves with alternative organizational models for IT/OT alignment and evolve governance and organizational structures in line with new production models.
4. Insufficient funding for upskilling, reskilling and talent development: Modernizing learning and development (L&D) programs to help associates learn, acquire and retain knowledge to acquiesce to new experiences is essential. So too is enabling employees to execute the work they are aligned to support through additional education and upskilling.
5. Narrowly focusing on a single use case and technology: As technology options increase and expand, too much focus on enabling technologies and the “art of the possible” can expose organizations to a significant IT backlog and technical debt. The environment is complicated by the fact that there is no single dominant technology or vendor that fulfils all smart factory requirements. Technology purchases must be balanced between strategic considerations such as the ability to scale, along with the pragmatic, such as planning appropriately for operational disruptions.

Experts to Discuss Key Supply Chain Technology Trends at the 2023 Gartner Supply Chain Symposium/Xpo in Barcelona, June 5-7

Attendees of the Gartner Supply Chain Symposium/Xpo in Barcelona can learn more in the session: “Eliminate Variability From Your Smart Factory Strategy” on Monday, June 5.
Gartner clients can learn more in: Innovation Insight for Smart Factory. Nonclients can learn more in: Supply Chain Technologies and Digital Transformation.

Gartner experts will discuss key issues facing the industry during Gartner Supply Chain Symposium/Xpo. The conference delivers the must-have insights, strategies and frameworks for CSCOs and supply chain leaders to drive impact within their organizations. Supply chain leaders will gather to gain a strategic view of the trends disrupting their business and the insights and frameworks they can use to prepare for disruption, enable digital transformation and build sustainability as a competitive advantage.

New Air Freight Connection: China-Bournemouth

Posted on by David Priestman

Bournemouth Airport’s Cargo First air freight business is celebrating the start of a new regular service between China and Bournemouth as part of a strategic partnership to grow the airport’s cargo operation.

Shenzhen Sharing Express Logistic-Tech Ltd (SSELT) has launched the first all-cargo route between Chengdu Shuangliu International Airport (CTU) in China and Bournemouth Airport (BOH) in the United Kingdom, further enhancing its comprehensive logistics solutions for cross-border e-commerce sellers.

The new service is operated by Bournemouth-based European Cargo using its fleet of all-cargo A-340 wide-bodied freighters, each with a capacity of 70 tonnes. Initially, there are three flights per week, with plans to gradually increase the frequency to five flights per week in the future as SSELT strengthens its global network.

The new route has received support from the China Council for the Promotion of National Trade and China Post, bolstering international connectivity for the Chengdu region and offering a fast and reliable solution for south west China’s cross-border e-commerce sellers to reach the UK market. SSELT is also targeting UK exporters on return legs, supporting the flow of UK goods to the China market.

The route is further evidence of Bournemouth’s growing status as a strategic freight hub. It is the only unconstrained airport in Southern England and Cargo First’s One Team approach means it controls every aspect of the process, airside and landslide. Combined with being just 90 minutes from London, it means shipments can get to customer warehouses in half the time of going through a London hub airport.

Bournemouth Airport managing director Steve Gill, said: “We’re delighted that Cargo First is part of this strategic partnership with SSELT and European Cargo, offering a fast and efficient route for cross border e-commerce into the UK. Together we can save customers a lot of time in a time-sensitive market. That’s a huge selling point, and one that we are taking to Air Cargo Europe next week. [May 9-10]

“Working with European Cargo we’ve proven Bournemouth as a viable alternative gateway to London and the South East for commercial air cargo. Cross border e-commerce continues to experience strong growth and we are seeing a lot of providers like SSELT scouting for alternatives to the London hubs because they want airports that can handle that growth into the future.”

European Cargo’s chief executive David Kerr said: “We have extensive experience of the China market and this new route from Chengu to Bournemouth establishes an exciting new trade corridor that ensures the timely delivery of e-commerce goods from south west China to UK consumers. It also creates significant opportunities for UK exports back to China and is among a range of potential routes that we are looking to grow.”

For European Cargo the new route is also a proving ground for its fleet of all-cargo Airbus A340 long haul freighters that it has been converting with a bespoke in-cabin pod containment system to add to belly capacity. It expects up to six conversions this year with a further pipeline in 2024, making it the largest UK-based wide-bodied carrier. In the last few months the freighters have received certification from both EASA (European Aviation Safety Agency) and the Civil Aviation Authority in the UK.

New Air Freight Connection: China-Bournemouth

Posted on by David Priestman

Bournemouth Airport’s Cargo First air freight business is celebrating the start of a new regular service between China and Bournemouth as part of a strategic partnership to grow the airport’s cargo operation.

Shenzhen Sharing Express Logistic-Tech Ltd (SSELT) has launched the first all-cargo route between Chengdu Shuangliu International Airport (CTU) in China and Bournemouth Airport (BOH) in the United Kingdom, further enhancing its comprehensive logistics solutions for cross-border e-commerce sellers.

The new service is operated by Bournemouth-based European Cargo using its fleet of all-cargo A-340 wide-bodied freighters, each with a capacity of 70 tonnes. Initially, there are three flights per week, with plans to gradually increase the frequency to five flights per week in the future as SSELT strengthens its global network.

The new route has received support from the China Council for the Promotion of National Trade and China Post, bolstering international connectivity for the Chengdu region and offering a fast and reliable solution for south west China’s cross-border e-commerce sellers to reach the UK market. SSELT is also targeting UK exporters on return legs, supporting the flow of UK goods to the China market.

The route is further evidence of Bournemouth’s growing status as a strategic freight hub. It is the only unconstrained airport in Southern England and Cargo First’s One Team approach means it controls every aspect of the process, airside and landslide. Combined with being just 90 minutes from London, it means shipments can get to customer warehouses in half the time of going through a London hub airport.

Bournemouth Airport managing director Steve Gill, said: “We’re delighted that Cargo First is part of this strategic partnership with SSELT and European Cargo, offering a fast and efficient route for cross border e-commerce into the UK. Together we can save customers a lot of time in a time-sensitive market. That’s a huge selling point, and one that we are taking to Air Cargo Europe next week. [May 9-10]

“Working with European Cargo we’ve proven Bournemouth as a viable alternative gateway to London and the South East for commercial air cargo. Cross border e-commerce continues to experience strong growth and we are seeing a lot of providers like SSELT scouting for alternatives to the London hubs because they want airports that can handle that growth into the future.”

European Cargo’s chief executive David Kerr said: “We have extensive experience of the China market and this new route from Chengu to Bournemouth establishes an exciting new trade corridor that ensures the timely delivery of e-commerce goods from south west China to UK consumers. It also creates significant opportunities for UK exports back to China and is among a range of potential routes that we are looking to grow.”

For European Cargo the new route is also a proving ground for its fleet of all-cargo Airbus A340 long haul freighters that it has been converting with a bespoke in-cabin pod containment system to add to belly capacity. It expects up to six conversions this year with a further pipeline in 2024, making it the largest UK-based wide-bodied carrier. In the last few months the freighters have received certification from both EASA (European Aviation Safety Agency) and the Civil Aviation Authority in the UK.

Fleet Managers Reveal Priorities

Posted on by David Priestman

UK fleet managers have modernisation clearly in their sights for 2023, against a backdrop of fluctuating fuel prices and driver shortages. That’s according to a survey of 150 fleet managers, commissioned by Samsara, which reveals key priorities include upgrading vehicles (98%), increasing the sustainability of the fleet (82%), and moving to electric or hybrid vehicles (82%).

The research, presented in a new Samsara report — 2023: The Road Ahead — highlights a long list of operational challenges that fleet managers need to overcome, which includes improving road safety, increasing efficiency, and recruiting more drivers.

In response, 94% of fleet managers are investing in new technology in 2023 to boost operational modernisation and improve the driver experience. The majority see clear benefits to introducing connected technologies such as sensors and dashcams, including reduced paperwork (82%), improved supply chain efficiency (75%) and the ability to more easily transition to EVs or hybrid vehicles (68%).

The move will be welcomed by drivers too, with a Samsara-commissioned survey of 1,000 commercial drivers of small and large vans, HGVs, and other vehicles revealing large numbers believe a variety of connected technologies would have a positive impact on their job, including dashcams (78%), GPS routing (77%), and mobile-based workflow tools (68%).

“Fleet managers recognise that technology can play a big role in creating a modern fleet and — critically — so do their drivers,” said Philip van der Wilt, SVP and General Manager EMEA, Samsara. “More importantly, fleet managers understand the importance of data to power their operations to make them safer, more efficient, and more sustainable.”

“Our findings confirm what we have known for some time — that if fleets want to future-proof their operations, they need to modernise and embrace technology. All of the challenges detailed in this report — from high fuel costs and driver shortages to regulatory changes, road safety, and the transition to EVs — can be mitigated by using smart, connected technology. As this report shows, fleet managers are moving to embrace technology to modernise their fleets. Those who don’t will be in danger of getting increasingly left behind and losing competitive advantage,” added van der Wilt.

Tony Draper, head of SHEQ, M Group Services, a long-standing Samsara customer, added: “For too long, commercial fleets have been underserved by the types of technology that have transformed other sectors and industries. Thanks to affordable, connected, smart tech, fleets have the opportunity to make their operations safer, more efficient, and more sustainable.”

Samsara commissioned Vitreous World to carry out online interviews with 150 fleet or logistics managers in the UK with direct responsibility for vehicles, drivers, logistics, supply chain and/or field service operations, from 15 to 24 February 2023. A further survey of 1,000 UK commercial drivers was also carried out between 14-21 February 2023 by Good Broadcast. All research conducted adhered to the UK Market Research Society (MRS) code of conduct (2019).

Faster, Cheaper, More Reliable Delivery

Posted on by David Priestman

Wix.com Ltd., a global SaaS platform to create, manage and grow an online presence, today announced the launch of its native shipping solution. Wix has partnered with Shippo, a shipping platform for modern eCommerce, to seamlessly provide Wix business owners with a shipping solution that gives them access to Shippo’s feature-rich shipping capabilities directly from the Wix Dashboard.

Wix’s comprehensive online platform combined with Shippo’s end-to-end shipping technology provides business owners with the ability to easily and professionally fulfil their eCommerce orders, reducing the complexities they face when fulfilling orders independently. This solution, powered by Shippo’s new Shipping Elements suite of modular embeddable shipping components, gives merchants access to a robust rate engine, tracking and returns flows, and the ability to purchase and print shipping labels without leaving their orders page.

Benefits of Wix Shipping include:

• Fulfilling orders faster: From within the Wix Dashboard, business owners can buy and print shipping labels, as well as print return labels. This removes the need for additional shipping applications, accounts, and fees to fulfil orders without friction.
• Managing inventory and shipping in one place: Users can fulfil orders in the same place they manage products, inventory, and other aspects of their business for a more streamlined process.
• Receiving carrier benefits: Business owners have access to pre-negotiated rates, discounts on top carriers, and flexible shipping options for any shipment volume. Additionally, every region has its own local carriers, ensuring full geographical coverage and a large variety of top-carrier options and preferred shipping rates.

“We are constantly improving our platform, developing advanced tools and partnering with industry leaders, to provide merchants with all the tools they need to successfully run and grow their business directly from our platform. Helping our users get their products to their customers in a cost-efficient and reliable way is mission critical,” said Arik Perez, Head of Wix eCommerce. “Shipping can be a complicated process with many moving parts and with Shippo’s leading shipping solutions, business owners using Wix can be assured that their shipping needs are met, and decrease logistics headaches, all while providing better experiences for their customers, and scaling their sales.”

“Here at Shippo we live and breathe e-commerce shipping, and we’re passionate about sharing our technical capabilities and knowledge with our partners,” said Andreas Lieber, Shippo’s COO. “That’s why teaming up with Wix is such a great fit. With Wix Shipping powered by Shippo, we’re able to make shipping faster, easier, and more affordable for their users. It’s also a testament to the effectiveness of our Shipping Elements offering, which simplifies the process of connecting with e-commerce platforms and fulfilling our mission of building the shipping layer of the internet.”

Wix Shipping powered by Shippo’s Shipping Elements is now available for Wix users based in the US, UK, Canada, and Germany with plans for more geographies in the future.

Founded in 2013, Shippo is the leading shipping platform for modern e-commerce. More than 120,000 businesses, including top e-commerce platforms, marketplaces, warehouses, and brands, trust Shippo to navigate the complexities of shipping and fuel growth. With Shippo’s platform, businesses of all sizes can access 37 global carriers, get real-time shipping rates, print labels, automate international paperwork, track packages, facilitate returns, and more.

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