Qxpress Launches Full-Scale European E-Commerce Logistics Service
Logistics Hub at Frankfurt, Germany
[Asia Economy Reporter Minyoung Cha] e-commerce specialized IT logistics platform Qxpress is launching its attack on the European e-commerce logistics market.
Qxpress announced on the 10th that it has started providing cross-border e-commerce logistics services in the European region through its logistics center (DPC·Distribution Processing Center) located in Frankfurt, Germany.
Qxpress signed a consignment operation contract for the DPC with ACI Worldwide Express at the end of last year and began providing inbound and outbound services for e-commerce cargo traveling between Europe and Korea. The fully set-up Germany DPC can handle up to 50,000 shipments per month. Since the pilot service began in October last year, the monthly shipment volume has increased by more than 30%.
Through the launch of logistics services, Qxpress plans to handle the shipping volume of European sellers active on Qoo10, while actively attracting shipment volumes from shopping platforms other than Qoo10.
Following the opening of Weihai DPC, its fourth logistics center in China, in September last year, Qxpress has established the Germany DPC. It operates a total of 16 logistics centers responsible for domestic and international e-commerce inbound and outbound shipments in 11 countries including Korea, Singapore, Japan, the United States, Malaysia, Taiwan, and India.
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A Qxpress official said, "Through the Germany DPC, we have established a foothold for entering the European e-commerce logistics market," adding, "Based on our experience specializing exclusively in e-commerce logistics, we will strive to become a logistics company recognized in Europe as well."
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