Content area
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide express delivery and pickup of parcels. Major companies include US-based FedEx and UPS; as well as Aramex (United Arab Emirates); DHL (Germany); and Yamato Transport (Japan).
The North American market is expected to reach about $94.9 billion by 2027, according to Research and Markets. Globally, the express delivery market is expected to reach about $484.4 billion by 2030 as a result of developing e-commerce and growth in international trade services, according to PR News Wire.
The US express delivery services industry includes about 14,500 establishments (single-location firms and units of multi-location firms) with combined annual revenue of about $90 billion.