Ecommerce Demand Drives 52% Growth for OSM Worldwide

OSM Worldwide, a leading provider of domestic and international parcel delivery solutions, has seen a 52% increase in YTD domestic shipping revenue from 2015 to 2016. The shipping company continues to experience greater demand for services as ecommerce explodes and retailers have a greater demand for shipping services that balance speed and affordability.

OSM

“The growth that we’ve seen over the past year has been incredible,” said James Kelley, co-founder and president of OSM Worldwide. “It has been exciting to see how the rising demand for e-commerce has enabled us and many online retailers to outperform expectations over the past 12 months.”

Domestic package count increased 36.7% year-over-year, demonstrating the growing demand for shipping solutions like OSM’s. Compared to 2015, revenue jumped 66% in March and 79% in April. OSM Worldwide consistently expanded the number of clients and breadth of services it delivered last year allowing them to efficiently adapt to industry changes as well as earn recognition for its sustained growth on the Crain’s Fast 50 and Inc. 5000 lists.

[Get news like this delivered to your inbox every week. | Subscribe to O+F Advisor today!]

According to the U.S. Department of Commerce, 2015 ecommerce sales increased 14.6% to $341.7 billion for the year. Ecommerce demand is at an all-time high, and retailers that began as traditional brick-and-mortar operations currently do much of their business online, warranting services that deliver packages to customers quickly and cost effectively.

“Our clients have seen a rapid shift in the way they must respond to customers,” said Kelley. “The nature of consumer interactions with retailers has changed. Today, shipping is an important touchpoint with customers and if retailers don’t meet customer demand for low-cost, efficient and reliable shipping, they risk valuable relationships. Our shipping services helps retailers minimize the costs of package shipping and allows them to get packages to customers more efficiently.”

 

Leave a Reply