Industry Analysis & Industry Trends
Despite poor economic conditions and falling demand, the Couriers and Local Delivery Services industry maintained profitability throughout the five years to 2014. Since UPS and FedEx, two major players, dominate the industry, margins declined but were not severely impacted. 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. Additionally, the rise of ecommerce and decline of the brick and mortar store will benefit industry operators... purchase to read more
Industry Report - Industry Locations Chapter
The most highly populated states and regions of the United States generate the greatest volumes for the Couriers and Local Delivery Services industry. Accordingly, establishments are heavily concentrated in these areas. For instance, the West has 17.8% of industry establishments and 17.1% of the US population. The states with the largest number of establishments include California, Texas, New York and Florida. After the recession, difficult economic conditions and falling demand negatively impacted all states, and establishment numbers contracted across the US as firms left the industry.
The Southeast, which accounts for the highest number of establishments, is also home to the two largest industry players: UPS and FedEx... purchase to read more