Pitney Bowes Predicts 36% Growth in US Parcel Market by 2030

1. U.S. parcel shipping revenue growth lagged behind volumes in 2024, with new last-mile delivery companies putting pressure on prices. The market is expected to grow 36% by 2030, according to Pitney Bowes.

2. Amazon poses a significant threat to legacy carriers FedEx, UPS, and the U.S. Postal Service in the parcel shipping industry. Amazon’s logistics operation handled 6.3 billion parcels in 2024 and is on track to surpass the Postal Service by 2028, per Pitney Bowes.

3. U.S. parcel volume increased by 3.4% to 22.4 billion shipments in 2024, projected to reach $30.5 billion by 2030. However, revenue growth was slower at 2.7% to $203.2 billion due to competitive pricing among carriers.

4. Pitney Bowes notes a shift in the parcel market with alternative carriers gaining nearly 40% volume growth. Independent couriers like OnTrac, Better Trucks, and Veho are challenging traditional carriers with competitive pricing and regional services.

5. The U.S. Postal Service remains the largest parcel carrier by volume, with UPS and FedEx also holding significant market shares. Amazon is gaining ground, with a 28% market share, while “other” carriers saw a growth in combined volume.

6. Domestic parcel growth slowed in the first quarter of 2025, with weather disruptions and policy changes affecting carrier volumes. UPS experienced a decline after reducing service for its Amazon account.

7. Pitney Bowes compiled the Parcel Shipping Index using data from major carriers, the Postal Service, and other sources. The report includes shipments up to 70 pounds and highlights the changing dynamics in the parcel shipping industry. 1. The U.S. economy added 943,000 jobs in July, surpassing expectations and marking a significant increase from the previous month. The unemployment rate also dropped to 5.4%, indicating a positive trend in the labor market recovery.

2. Wildfires continue to ravage parts of California, destroying homes and prompting widespread evacuations. Officials are working tirelessly to contain the fires, which have been exacerbated by dry conditions and high temperatures.

3. The Tokyo Olympics are in full swing, with athletes from around the world competing in various events. Despite challenges posed by the pandemic, the games have been hailed as a symbol of resilience and unity.

4. The Delta variant of COVID-19 is causing a surge in cases across the United States, particularly among unvaccinated individuals. Health officials are urging people to get vaccinated and take necessary precautions to curb the spread of the virus.

5. The Taliban has made significant gains in Afghanistan, capturing several key cities as U.S. troops withdraw from the country. The situation has raised concerns about the stability of the region and the future of Afghan citizens under Taliban rule.

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