With more Americans ditching malls and turning to e-commerce to satisfy all their shopping needs, a logistical tidal wave is quickly taking over the transportation industry.
Kenny Vieth, president and senior analyst at ACT Research, notes that e-commerce activity has soared within the retail sector over the last 15 years. As a percentage of sales (excluding food), e-commerce comprised 24.3% of retail sales in the second quarter, which is an uptick from 23% in the first quarter. That compares to just 3% back in 2001, he explains.
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