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ParcelPal Logistics Inc C.PKG

Alternate Symbol(s):  PTNYF

ParcelPal Logistics Inc. is a Canada-based courier and logistics company, which is a specializes in last mile delivery service and logistics solutions. The Company connects people and businesses through its network of couriers in major Canadian cities, including Vancouver, Calgary, and Toronto, as well as in the western region of the United States. Some of its verticals include pharmacy and health, meal kit deliveries, retail, groceries and more. It provides a range of solutions, including warehousing solutions, next day delivery, same day delivery and e-commerce integration. The Company offers logistic management services and supply chain solutions. Under warehousing solutions, it streamlines its transport products with warehousing to assist in meeting storage requirements. The Company offers delivery and logistics solutions for business to business, business to customer, and any other tailored creative solution its partners may require.


CSE:PKG - Post by User

Bullboard Posts
Comment by Borat139on Jul 24, 2019 1:43pm
110 Views
Post# 29955415

RE:$10 million Revenue runrate by exit 2019

RE:$10 million Revenue runrate by exit 2019
The margins will slip once the company is growing exponentially. Delivery is not a high margin service whatsoever. The technology will definitely absord smaller local delivery firms and courier. IMO this is just a paradigm shift in the delivery industry- other firms will pop up over the years and we will see a decline in profits like traditional trucking companies and traditional couriers
Bullboard Posts