Parcel and courier service
CFS revealed that more than $986 billion worth of goods shipped by US businesses were transported by the parcel, postal, and courier service.
Between 1993 and 2002, these shipments grew about 75 percent by value in inflation- adjusted terms. Goods moved by this industry, such as electronics, pharmaceuticals, textiles, and auto parts, are typically higher value relative to their weight and averaged over $38,000 per ton in 2002.
Three major parcel service providers took the chunk of goods' transport. These are Federal Express (FedEx), United Parcel Service (UPS) and DHL.
In Parcel and Express Shipments, the past two decades saw growth in number of parcels shipped, which has transformed America's parcel industry and its impact on the freight transportation system.
The parcel industry shipped an estimated 12 percent of CFS shipments by value, weighing 26 million tons in 2002. The top commodities shipped by parcel couriers include electronic and office equipment, miscellaneous manufactured products, textiles, mixed freight, and printed products.
Shipments by three of the major US parcel couriers, the United States Postal Service (USPS), FedEx, and UPS, have dramatically increased in past years.
USPS shipments increased from 102 billion pieces of mail (i.e. packages, letters, magazines, etc.) in 1980 to 206 billion in 2004 (USPS 2005). FedEx and UPS also experienced large growth in theirshipments.
From 1980 to the 2004, FedEx shipments grew from 68,000 to 3.2 million parcels shipped in average daily package volume (FEDEX 1 2005), while UPS shipments grew from 3.5 billion packages shipped in 2000 to 3.6 billion packages in 2004 (UPS 2004).
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Bureau of Transportation Statistics
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