2/25/2023 0 Comments Parcel proIt is headquartered in Torrance, California. The company is backed by the longevity and stability of UPS, the world’s largest package delivery company and one of the leading global providers of specialized transportation and logistics services. Parcel Pro, a subsidiary of UPS Capital, has provided insured transportation services for the high-value industry for over 20 years. Parcel Pro is part of the MJSA Member Protection Package, a portfolio of leading business providers offering a spectrum of best-in-class services. “All of those members rely on us to provide the support and resources needed to help them to grow and to run their businesses efficiently and profitably,” said Cochran. The company’s risk management and shipping procedures have been proven to reduce losses.īy endorsing Parcel Pro, MJSA provides Premier Members with exclusive rates for insured transportation. Parcel Pro makes it less risky to transport high-value goods. and $100,000 to select countries and territories Secure pickup and delivery in key jewelry markets including New York, Miami, Los Angeles, Chicago and San Francisco - Proactive package monitoring and carrier communications to minimize delivery delays and risks - A myriad of technology resources, including web tools for shipping, tracking, APIs, a mobile app, and integration with a Magento® store - Loss and damage protection for commercial shipments valued up to $150,000 in the U.S. “Parcel Pro’s international reach, their tools to reduce risk, and their commitment to customer service have earned them a world-class reputation.” “Our members require safe, secure shipping options-particularly given the high value of jewelry shipments-and MJSA is excited to be partnering with Parcel Pro to meet that need,” said David W. With jewelers selling more online goods, the need for reliable, insured transportation is crucial to meeting customer demand.Įlon Musk sells $3.95 billion worth of Tesla stock In fact, custom now represents 40% of the $10 billion bridal market2. Jewelry represented 13.4% of the 130 companies’ online sales.Īdditionally, consumers continue to express an interest in custom-designed jewelry. According to the 2018 Luxury E-commerce Report, six out of 10 of the fastest growing luxury websites surveyed were jewelry and watch companies. Online sales of luxury goods continue to flourish with growth of 24% in 20171. Parcel Pro, a UPS Capital company, today announced a partnership with Manufacturing Jewelers & Suppliers of America (MJSA) that provides MJSA Premier Members access to innovative technology and insured shipping at a time when the industry is experiencing rapid e-commerce growth. High-value shipments get end-to-end protection through Parcel Pro solutions - Secure shipping meeting demand of luxury online sales “All of those members rely on us to provide the support and resources needed to help them to grow and to run their businesses efficiently and profitably,” said Cochran.ATLANTA, Feb. There is also insurance for commercial shipments of up to $150,000 in the US and $100,000 to certain international destinations.īy endorsing Parcel Pro, MJSA provides Premier Members with exclusive rates for insured transportation. The offering from Parcel Pro to the MJSA includes secure pickup and delivery in key jewellery markets to include New York, LA, and Chicago as well as proactive package monitoring throughout the delivery process technology resources including web tools for shipping, tracking, APIs, a mobile app, and integration with a Magento® store. “Our solutions and capabilities will help MJSA members meet the growing needs of their customers whether they’re shipping $1 million or $500 million in goods a year.” “E-commerce retail revenue is expected to top $4.88 trillion by 20213, so it is no surprise we are seeing more luxury goods shipments,” said Parcel Pro President Manuel Valdez. This drives demand for reliable, insured shipping. Custom items represent 40% of the $10 billion market. There is a growing market for custom-designed jewellery in the US too. Six out of 10 fastest growing luxury sales websites are jewellery and watch companies. The US online jewellery sales sector is seeing double digit growth – 24% in 2017 alone. UPS Capital company Parcel Pro has agreed a partnership with the Manufacturing Jewelers & Suppliers of America (MJSA), where Parcel Pro offers technological solutions and insured shipping to MJSA Premier members.
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