Parcel volume growth slowed in 2022, observes Pitney Bowes report
August 10, 2023
The slowdown in China’s economy, as well as U.S. e-commerce returning from its stratospheric heights in 2022 likely played a role in global parcel volumes slowing in 2022. According to data from global shipping and mailing company Pitney Bowes, global parcel volume reached 161 billion in 2022, a 1% increase from 2021.
Pitney Bowes Parcel Shipping Index highlights ongoing strong impact of e-commerce
April 11, 2023
2022 carrier revenues—at $198 billion—saw a 6.5% annual increase over 2021’s $186 billion, with UPS at $73 billion (a 5.5% annual increase), FedEx at $65 billion (a 5% annual increase), USPS at $31 billion (which was flat), Amazon Logistics at $24 billion (which was flat), and “others” combined revenue at $4 billion, up 0.1%.
Pitney Bowes Parcel Shipping Index highlights ongoing strong levels of global parcel volume growth
October 12, 2021
Due to a whole host of factors—including, most notably, the impact of the COVID-19 pandemic, more people staying at and working from home, among others—has led to a spate in e-commerce-based parcel shipping activity, which kicked off, in earnest, in March 2020, and has not subsequently abated since then. That was a key takeaway from the new edition of the Parcel Shipping Index, which was recently released by Stamford, Ct.-based Pitney Bowes, a global technology services provider of...
