Industry Analysis & Industry Trends
Over the past five years, many developments in the e-commerce and online retailing space have driven growth in the Couriers and Local Delivery Services industry. In the coming years, the industry is expected to build on momentum from the previous five-year period. Drivers of demand for industry services, such as consumer spending and corporate profit, will help fuel revenue growth going forward. Additionally, the rise of e-commerce and decline of the brick-and-mortar stores will benefit industry operators... purchase to read more
Industry Report - Starting a New Business Chapter
The US Couriers and Local Delivery Services industry is composed of two segments with different barriers to entry. The two segments are global couriers such as UPS and FedEx and local delivery services.
Barriers are higher for global couriers (i.e. international express market) as these participants are required to set up vast distribution networks, containing sophisticated technological systems and a variety of vehicles. Large-scale couriers must compete with well-established major players and their brand power. The cost of starting up a global courier service can be well into the millions, as an airplane and tracking systems will be needed. Skilled employees to operate the vehicles and aircrafts are expensive to hire and sometimes not easy to find... purchase to read more