About US Parcels Market: Market Insight Report 2018
Background to the report
This report provides an analysis of the US parcels market. It sets out the market structure, size, growth, key trends and competitive landscape.
The most important factor has been the growth of internet retail. This has acted both as a driver of volumes and also of innovations, such as defined time-slots, the ability to make changes to deliveries, a broader range of communication methods and the establishment of parcel shops and parcel lockers as pick up / drop-off locations.
GDP and internet retail growth look set to continue, driving demand for parcel deliveries.
Amazon continues to have a significant impact on the market, both as a retailer – where it is gaining an ever-greater share – and now via its in-house carrier, Amazon Logistics, which now carries out over 5% of all US parcel deliveries.
The report builds upon:
– Apex Insight’s published analysis on the global parcels market and in adjacent logistics markets
– Our consulting work in the industry which has included advising on market and strategic issues and the attractiveness of parcel company acquisitions
What does it contain?
The report covers the US parcels market in depth. Our definition of the parcels market includes revenue arising from domestic and outbound international parcels. Inbound international deliveries are not included in our market size as, for most carriers, their revenue is attributed to their country of origin.
It includes business-to-business, business- to- consumer and consumer consigned parcels. Parcel weight definitions vary, between operators, but most deliver parcels up to various weights approaching 70 pounds (31.5 kg). All service levels are included (time definite and deferred). Adjacent services, such as mail, pallet distribution, groupage, freight forwarding, same day courier and contract logistics are excluded.
It segments the market by domestic vs. international.
The report includes:
– Description of the market and the key trends which are shaping it
– Historical and forecast market size and growth covering the period from 2012-2022. Market information is quoted in value and volume terms.
– Analysis of drivers of market growth
– Competitive landscape comparing the performance of the main carriers present in the market and profiling them and other leading market participants.
What are the sources and methodology?
This report is based on:
– Extensive desk research on the parcels market and its operators covering company accounts, websites, official statistics and a wide range of other sources
– Published information on key market drivers such as economic data and estimates of online retail spending
– Interviews with senior-level contacts in the market
Information from these sources has been synthesised and presented clearly and concisely with extensive use of charts and tables to illuminate points and support conclusions
Who Is it intended for?
Owners and operators of parcel networks both in China and in other territories
Customers of those networks, in particular, retailers who sell via the internet
Investors in these businesses
Market regulators and policymakers
Banks, analysts, consultants and other parties with interests in the sector
Which companies are covered in the report?
The US parcels market report includes profiles of the following companies:
– UPS
– FedEx
– USPS
– DHL Express
– Amazon Logistics
– LSO 50
– LaserShip 50
– GLS (GSO / Postal Express)
– Dicom Transportation Group
– OnTrac
– Spee Dee Delivery Service
About this report 2
- Background to the report 2
- What does the report cover? 2
- What are the sources and methodology? 2
- Who is it useful for? 2
Summary 4
- Market background, size and growth 4
- Market trends 4
- Competitive landscape 4
- Outlook 4
About Apex Insight 5
US Parcels Market Background 12
- Market definition 12
- Characteristics of the market 12
- Business vs. consumer delivery 12
- Other segmentations of the market 12
- Domestic (ground) 13
- Domestic (air, premium) 13
- International 14
Market Trends 15
- Growth of internet shopping and home delivery 15
- Customer service enhancements 15
- Local collection points, parcel shops and locker networks 16
- UPS Access Point 16
- FedEx 16
- Amazon Lockers 17
- Same day delivery 18
- B2B trends 18
Market Size and Growth 19
- Market Drivers 19
- GDP 19
- Internet retail 19
- Parcel delivery market size 20
- Volume 21
- Price 22
- Rate card increases 22
- Dimensional pricing 23
- Price trends 23
- Value 25
- Segments 26
Competitive Landscape 27
- Carrier Overview 27
- Market shares by volume 29
- Revenue per parcel 31
- Market shares by revenue 32
Carrier Profiles 34
- UPS 34
- FedEx 39
- FedEx Express 40
- FedEx Ground 40
- US domestic operations 40
- Operating facilities 42
- United States Postal Service 43
- DHL Express 46
- Amazon Logistics 47
- Regional carriers 49
- LSO 50
- LaserShip 50
- Royal Mail (GSO / Postal Express) 50
- Dicom Transportation Group 51
- OnTrac 52
- Spee Dee Delivery Service 52
Forecasts 53
- Economic growth forecasts 53
- Internet retail forecasts 53
- Parcels market forecasts 54
- Risks to the forecasts 55
- Amazon 55
- Other risks 55
List of charts and tables
FedEx aircraft 14
FedEx / Walgreens PUDO location 16
Amazon locker on a University campus 17
US GDP and growth, 2012-2017 19
US Retail sales and internet retail sales, 2010-2017 / US$bn 20
US Retail sales and internet retail sales, 2010-2017 20
US parcels market volume and growth, 2010-2017 (volume m) 21
US parcels market volume and growth, 2010-2017 (vol m) 21
UPS and FedEx annual air price increases, 2010-17 22
UPS and FedEx annual ground price increases, 2010-17 22
Average revenue per parcel (US$), 2010-2017 23
US parcels market value and growth, 2010-2017 (US$m) 25
US parcels market value and growth, 2010-2017 (US$m) 25
US parcels market value and volume, domestic vs. international, 2017 26
US parcels market - domestic vs International (ex-US) revenue per package, 2010-17 26
US parcel carriers by volume (m), 2010 - 2017 29
US parcel carriers by volume (m), 2010 - 2017 29
US parcel carriers volume growth (CAGR), 2010 - 2017 29
US parcel carriers market share by volume, 2010-2017, % 30
Average revenue per parcel 31
US parcels carriers by revenue (US$m), 2010 - 2017 32
US parcels carriers by revenue (US$m), 2010 - 2017 32
US parcel carriers by revenue growth (CAGR), 2013-17 33
US parcel carriers market share by value, 2010-2017, % 33
UPS group financial performance, 2010-2017 34
UPS’ US domestic and ex-US export volumes, 2010-2017 35
UPS’ US domestic and ex-US export volumes, 2010-2017 36
UPS’ US domestic and ex-US export revenue per package, 2010-2017 36
UPS price increases (air & ground), 2008-2018 37
UPS’ US domestic and ex-US export revenue per package, 2010-2017 37
UPS’ US domestic and ex-US export revenues, 2010-2017 37
UPS’ US domestic and ex-US export revenues, 2010-2017 38
UPS air hub operations in the US, 2017 38
FedEx Corporation financial performance, 2010-2017 39
FedEx US domestic and ex-US export volumes, 2010-2017 40
FedEx US domestic and ex-US export volumes, 2010-2017 41
FedEx US domestic and ex-US export revenue per package, 2010-2017 41
FedEx price increases (air & ground), 2008-2018 41
FedEx US domestic and ex-US export revenues, 2010-2017 42
FedEx US domestic and international export (ex-US) revenues, 2010-2017 42
USPS group financials, 2010-2017 43
USPS group revenue by division, 2011-2017 43
USPS Shipping and Packages volume by segment, 2011-2017 44
USPS Shipping and Packages revenue by item, 2012-2017 44
USPS Shipping and Packages revenue by segment, 2011-2017 45
USPS Shipping and Packages revenue by alternate segments, 2015-17 45
USPS Shipping and Packages volume by alternate segments, 2015-17 45
Amazon Logistics US parcel volumes, 2013-2018 47
US major regional carriers 49
Royal Mail’s US regional carrier coverage 50
Dicom Transportation Group parcel delivery related acquisitions 51
GDP growth, 2010-2022 53
Internet retail spend, 2010-2022 53
US parcels market forecast (US$m), 2010-2022 54
US parcels market forecast, revenue and volume , 2010-2022 54
