Just had an insightful conversation with one of the largest last-mile courier companies in the region. They shared that December parcel volumes are down 10-15% year-over-year. While part of this shift might be due to new players entering the last-mile courier market, the courier is also seeing a noticeable decline in parcels from major players like Temu, Shein, and even local stores. This raises some interesting questions: Is this a sign of changing consumer behavior? Could it be a broader economic signal during the holiday season? What trends are you noticing in your markets this December? I'd love to hear your thoughts.
