Reported 2 days ago
According to a recent report by Pitney Bowes, the U.S. parcel market is projected to grow by 36% by 2030, despite a slowdown in revenue growth due to increased competition from smaller delivery companies and Amazon's expanding logistics operations. In 2024, the market saw an increase in parcel volume of 3.4%, but revenue growth lagged at 2.7%. While established carriers like FedEx and UPS are facing challenges, smaller couriers are gaining market share, indicating a shift in the parcel shipping landscape.
Source: YAHOO