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E-commerce Demand Drives 52% Revenue Growth for OSM
BENSENVILLE, IL. - AUGUST 01, 2016 - OSM Worldwide, a leading provider of domestic and international parcel delivery solutions, has seen a 52 percent increase in YTD domestic shipping revenue from 2015 to 2016. The shipping company continues to experience greater demand for services as e-commerce explodes and retailers have a greater demand for shipping services that balance speed and affordability.
“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 percent year-over-year, demonstrating the growing demand for shipping solutions like OSM’s. Compared to 2015, revenue jumped 66 percent in March and 79 percent 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.
According to the U.S. Department of Commerce, 2015 e-commerce sales increased 14.6 percent to $341.7 billion for the year. Because shipping demands are all-time high, 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.”
OSM Worldwide is a domestic and international shipping partner, offering a variety of available shipping options to deliver packages around the globe. As an authorized USPS partner, OSM’s services reach more than 200 countries and territories worldwide via the postal service’s vast existing logistical infrastructure. Taking a consultative approach, OSM Worldwide guides retailers in cost-effective and efficient shipping services.