U.S. parcel volume dipped 2% in 2022 after a 33% jump in 2021

U.S. parcel quantity dipped 2% in 2022 after a 33% bounce in 2021



U.S. parcel quantity declined 2% in 2022, offsetting a 6% rise in 2021 and a file 33% surge in 2020, in keeping with new figures from delivery and mailing firm Pitney Bowes Inc.

Counting particular person packages, U.S. parcel quantity was 21.2 billion in 2022, down from 21.7 billion in 2021. Per capita parcel quantity for the U.S. likewise declined from 65 to 64 with a mean of 162 parcels shipped per U.S. family throughout 2022.

Regardless of the dip, carriers did simply tremendous of their monetary outcomes, with revenues totaling $198 billion, a rise of 6.5% from $186 billion in 2021, the corporate mentioned in its newest “Pitney Bowes Parcel Delivery Index.” 

Damaged out by provider, the U.S. Postal Service (USPS) shipped 6.7 billion parcels in 2022 down from 7 billion in 2021; UPS shipped 5.2 billion parcels in 2022, down from 5.3 billion; Amazon Logistics saved its parcel quantity on the 2021 degree of 4.8 billion, and FedEx shipped 4.1 billion, down from 4.3 billion. Exterior the highest 4, the mixed parcel quantity from smaller carriers did a lot better, rising by 25%.

By income, UPS generated the very best provider income with $73 billion, adopted by FedEx ($65 billion), USPS ($31 billion), Amazon Logistics ($24 billion), and the mixed income from smaller carriers reaching $4 billion.

Wanting into the long run, Pitney Bowes forecasts that parcel quantity will rebound reliably in coming years, hitting 28 billion by 2028.

“Amidst the challenges posed by the pandemic, carriers confirmed commendable resilience, a testomony to the carriers’ skill to adapt,” Shemin Nurmohamed, President of Sending Expertise Options at Pitney Bowes, mentioned in a launch. “The trade’s record-breaking revenues showcases its capability to satisfy and overcome the challenges offered to manufacturers as financial challenges mount and client habits continues to shift.” 

 

 

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