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Quadient reports drop in parcel locker revenue for Q1 2024

A Quadient-operated Yamato parcel locker in Japan (Source: Quadient)

French postal and parcel technology supplier Quadient saw its parcel locker revenues decline by 6.3% year-on-year (YoY) in the first quarter of the year, as changes to its operating model in some markets impacted sales figures, but the firm confirmed that volume growth remained strong and that the company has made a solid start to 2024.

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