Industry Analysis & Industry Trends
Despite poor economic conditions and falling demand, the Couriers & Local Delivery Services industry maintained profitability throughout the recession. Since UPS and FedEx, two major players, dominate the industry, margins declined but were not severely impacted. Additionally, in the five years to 2019, the industry is expected to continue its solid growth, with steady increases in consumer spending and the number of businesses, all of which will contribute to moderate revenue growth... purchase to read more
Industry Report - Industry Analysis Chapter
This industry comprises large couriers and smaller local delivery companies, although these segments' operations are very distinct. Couriers use a network of air and surface transportation systems to provide delivery services for several areas, while local messengers only provide delivery services within a single urban area. Each segment also provides services for a diversified customer base, but demand for each differs according to the services offered.
Over the five years to 2014, IBISWorld expects revenue for the Couriers and Local Delivery Services industry to increase at an average annual rate of 3.0% to $93.5 billion... purchase to read more