SEKO Logistics is launching an e-commerce business unit to grow its international logistics offering.
The company is expanding its international cross-border shipping, global fulfilment, last mile, and returns and re-commerce offerings into a ‘multi-billion’ US dollar business by 2025.
Now accounting for 40% of SEKO Logistics’ annual revenues, SEKO’s e-commerce operation has more than doubled in size in the last 12 months as online consumer purchases accelerated during the pandemic lockdown.
“The impact of COVID has accelerated what was already happening in the global ecommerce market, in terms of rapid year-over-year growth,” said James Gagne, President & CEO of SEKO Logistics.
E-commerce penetration has essentially accelerated five years overnight. We are in a unique position to grow, both organically and through acquisition, by leveraging the measurable advantages of our business model.
SEKO E-commerce will continue to primarily work with fashion, beauty, cosmetics, tech and lifestyle clients, which have spearheaded their ecommerce growth for over 10 years.