We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Geodis Group reports 10-percent rise in e-commerce orders
newsworthy

Geodis Group reports 10-percent rise in e-commerce orders

December 1, 2016
DC Velocity Staff
No Comments

French logistics giant Geodis Group shipped 2.5 million orders in the U.S. over the five-day shopping period from Thanksgiving Day through Cyber Monday, the company said Wednesday.

That volume marked a 10-percent year-over-year increase in e-commerce orders across the company's 38 million square feet of U.S. warehouse space and forced it to implement increased collaboration between its warehouse operations and technology support teams, Geodis said.

"Consumers' expectations are higher than ever when ordering goods online, and it becomes more intense during the holidays," Mike Honious, chief operating officer for Geodis' U.S. Contract Logistics Line of Business, said in a release. "When fulfilling orders for top retailers and e-tailers, it is imperative our operations and technology teams perform collaboratively to our peak plans to ensure we execute at the highest level."

The rapid growth echoes a forecast by the National Retail Federation (NRF) that this year's holiday sales will increase 3.6 percent, significantly higher than the 10-year average of 2.5 percent, Geodis said. A good portion of that overall growth is driven by non-store sales (from online shopping), which are expected to post an even faster jump of 7 to 10 percent, according to NRF.

One of Europe's top-five logistics companies, Geodis has been aggressively expanding its U.S. footprint. In 2015, the company acquired Brenéwood, Tenn.-based third-party logistics provider (3PL) Ozburn-Hessey Logistics LLC (OHL) for a reported $800 million as part of a strategy to grow its contract logistics, freight forwarding, and 3PL services.

KEYWORDS Geodis NRF - National Retail Federation OHL
  • Related Articles

    Port Logistics Group to launch robotics pilot in e-commerce DCs

    GEODIS Partners with AHS to Implement Exotec Robotic Solution to Optimize e-Commerce Fulfillment

Recent Articles by DC Velocity Staff

Kearney launches “supply chain institute” as more companies seek resilience plans

Trucking industry lobbies for leverage in transition to zero emissions

Safety will be top of mind on National Forklift Safety Day 2023

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Wireless technology could help electric trucks charge more safely, efficiently

  • Thoma Bravo completes $8 billion buyout of Coupa Software

  • What’s shaping omnichannel fulfillment strategies?

  • WMS feels the squeeze

  • Fast DCs require layers of automation

Now Playing on DCV-TV

Ce1e8b83 026c 4709 8554 43eef6c78213

Will the Silicon Valley Bank Fallout Affect Your Supply Chain? And Our Salute to the Women Supply Chain Leaders

DCV-TV 4: Viewer Contributed
The developments with Silicon Valley Bank and other financial institutions have gotten everyone’s attention. Will these banks be “isolated incidents” or do they portend a contagion with dire economic consequences? Candidly, I think the verdict is still out.That said, we’ve heard from some shippers and columnists who...

FEATURED WHITE PAPERS

  • The Future of Fleet Management: 5 Trends and Influences That Will Drive Logistics in 2023

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing