Deposco launched Commerce Signal, a quarterly intelligence report that brings live network data from one of the largest U.S. e-commerce fulfillment platforms into public view.
Commerce Signal is derived directly from order, inventory, and parcel data flowing through the Deposco platform, aggregated, anonymized, and indexed for comparability.
“Operators deserve a ground-truth view of what’s actually moving through the network, not lagging indicators dressed up as forecasts,” says Eric Lemus, VP of strategy and analytics at Deposco. “Commerce Signal is built on the same live operator activity our customers run their businesses on. When we report that parcel inflation hit 12.8%, that number came out of real shipments, not a panel of opinions or self-reported surveys.”
Key takeaways:
· Commerce Signal draws on live activity from more than 4,900 brands, served both directly on the platform and through the 3PL operators who fulfill on their behalf, representing over $84 billion in GMV and 485 million orders.
· Each issue analyzes a full quarter of network activity against public economic reporting and closes with dated, confidence-labeled forward calls.
· The Q2 2026 issue documents a quarter in which operators’ revenue grew barely faster than the cost to ship it. In April, GMV growth ran 9.7 points ahead of parcel inflation. By June 29, that cushion narrowed to 0.6 points.
- Parcel inflation rose every week of the quarter, from 4.1% year over year at the open to 12.8% at the close, thirteen consecutive weekly increases and three times the 3.9% rate of consumer price inflation.
- Order volumes continued to rise even as dollar growth slowed, suggesting lower spending per order. GMV growth for the typical operator peaked at 15.4% the week of June 1 and decelerated four straight weeks to 13.4%, while order volume growth accelerated from 4-8.8% over the same period.
- Median inventory closed at 89.3 days on hand, 5.9 days leaner than a year earlier and near its leanest levels in 18 months, after a destocking run from a 111.5-day peak in early 2025.
- Brands trimmed 10.6 days of inventory during the quarter, closing at 89.2 days on hand, while 3PLs held an already-lean posture flat at 85.9 days. The two segments finished 3.3 days apart.
