The stock market day Wednesday, December 13, 2023

The online retailer Amazon is delivering more and more packages itself, making it the top dog German postal service increases competition. “In the parcel sector, Amazon is the second largest provider after the market leader Deutsche Post DHL,” said the Federal Network Agency.

Amazon
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Amazon’s market share in terms of shipment volumes in the parcel sector is based on one corridor between 15 and 25 percent increased, explained the regulator. Parcel services such as DPD, GLS, Hermes and UPS have shipment volume shares of five to 15 percent in the competitive market. The post office still carries Amazon packages, but the US giant is continually expanding its own delivery networks.

“Overall, the DP DHL still has a clear market share advantage over the other companies,” said the network agency. The Bonn-based group has one Share of over 40 percent. The shipment volume in 2022 was 4.25 billion pieces, forecasts for 2023 showed an increase of 3.35 percent to 4.39 billion pieces.

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