- 29 January 2018
- Transport / Logistics Services
Shopping software specialists MetaPack has announced it has had ‘record revenues’ for the calendar year 2017.
In Q4 of 2017 MetaPack increased its catalogue of carriers to 450 globally, and expanded the international range of its services to 5000. It also added new e-commerce retailers and brands to its customer portfolio.
The company also reported that it “helped leading retailers, brands and carriers deliver a total of 70 million parcels during another successful Peak, representing an increase of 25% in delivery volumes compared with the previous year”.
“Peak volumes far exceeded our expectations however, we were prepared and were able to scale in order to meet the demands of our retailers and carriers during the period,” commented Steve Rowley, Executive Chairman at MetaPack. “Much of this was because we have invested significantly in our technology over the past two years, which ensures that the delivery platform is robust, even during unexpectedly high peak volumes. Our healthy financial position will allow us to invest further in new products and technology throughout 2018.”
Patrick Wall, Founder and Director at MetaPack, said: “This has been a momentous quarter for MetaPack in terms of finalising our new product developments and bringing them to market, supporting our customers throughout the busiest peak period ever, and continuing to increase our revenues in line with our projected growth strategy. We are now excited to be on the eve of another Delivery Conference, with record delegates due to attend, and a fantastic roster of speakers from across the industry, so the year has got off to an excellent start.”