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Private Couriers Step Up Amid Canada Post Strike

November 26, 2024 by Newsdesk

Canada’s e-commerce market, projected to surpass US$100 billion by 2029, faces significant disruption as Canada Post strikes during peak shopping season. With over 27 million Canadians shopping online, private couriers like UPS, Purolator, and startups such as UniUni and Stallion Express are absorbing demand.

“The strike has disrupted the entire e-commerce ecosystem,” notes Stallion Express analyst Jose Sagun, citing customer dissatisfaction and business reputation risks. Diversifying shipping strategies and leveraging tech-forward logistics are crucial to mitigating such crises. Notably, UniUni’s 12,854% revenue growth secured it fourth place on Deloitte’s Fast 50 list, highlighting innovation amidst challenges.

Want to know more? Check out the source code on Fintech.ca.

Filed Under: News Tagged With: UniUni

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