Veho has launched a new “Premium Economy” delivery service, offering parcel delivery in two to five days, catering to lightweight product sellers, subscription brands, and third-party logistics providers. This service aims to capture sub-one pound parcel volume affected by recent rate hikes from the U.S. Postal Service. Early testing by select clients showed positive results in cost and service quality, with competitive rates essential for low-margin products. Veho’s technology facilitates efficient package handling, and the company plans further expansion into new markets later this year.

Source: https://www.supplychaindive.com/news/veho-premium-economy-service-launch/737416/