The Port of Boston welcomed its biggest containership to date over the weekend following a $850 million project to make the port “big ship ready.” The Evergreen ship MV Ever Fortune called at the Port of Boston’s Conley Container Terminal on Sunday. At 1,100 feet long, the Ever Fortune is about the length of three [...]
Just four countries—the U.S., China, Japan, and Germany—make up over half of the world’s economic output by gross domestic product (GDP) in nominal terms. In fact, the GDP of the U.S. alone is greater than the combined GDP of 170 countries. How do the different economies of the world compare? In this visualization we look [...]
FOR IMMEDIATE RELEASE Contact: Maureen O’Leary, mxo@cummings.com WILMINGTON, Mass. (February 9, 2022) – Point2Point Global has just relocated its Tewksbury and North Reading locations to 50-R Concord Street in Wilmington, a Cummings Properties-managed building. The 4,800-square-foot suite serves as both office and warehouse space for the international shipping and logistics company. Launched in 2018, [...]
2018 was another record-breaking year for cross-border shopping fueled by international shopping events including Amazon Prime Day and Single’s Day. With sales at an all-time high, online shopping has placed a spotlight on an essential part of the customer experience, shipping. As we close out 2018, we look ahead to what retailers and their [...]
After 5 weeks of rotating strikes with no agreement between Canada Post and its workers, the Senate has passed legislation ordering an end to the strikes as of 12 noon EST November 27th. Canada Post said today, “While operations are set to resume, backlogs of both mail and parcels in the network are severe. [...]
It's beginning to look a lot like... Canada Post's rotating strikes will continue through the holidays. Canada is one of the largest cross-border markets for U.S. eCommerce retailers. 56% of foreign purchases made by Canadians come from the U.S. as estimated in PayPal’s Cross-Border Transactions Merchant & Consumer Comparison USA Report[1]. As one would [...]
Servicing more than 16 million addresses[1] in Canada, Canada Post is facing delays in delivering mail and parcels as a result of a labor strike over wages that began last month.[2] While strikes are rotating throughout different Canadian cities[3], the impact on the mail and eCommerce parcel supply chain has a number of businesses [...]
Until now, Gen Z, the group of people born between 1996 and 2010, have not had enough disposable income to be a priority for most marketers. But this group is growing quickly in size and buying power. Today, about 63 million members of Gen Z live in the US, making up 25% of the U.S. population. In [...]
Some of my friends shop online like it’s a paying job. With sales and promotions being offered year round, who can blame them? But at what time of year do shoppers find the very best deals? Traditionally it’s been November and December when most retailers lower prices to rake in over 20% of their [...]
Ever wondered which country reigns supreme as shoppers around the world are busy clicking and buying on their desktops, laptops, tablets and smartphones? Online shopping is on the rise worldwide: 63 percent of people shop online at least once a month 23 percent shop online at least once a week And, almost two-thirds of [...]
