Those days are gone when delivering packages relied on the medium of horses and ponies. Nowadays, the shipping and logistics sector has seen an incredible growth rate of 4.5% and shows no signs of slowing down.
In the previous year, shipments within the United States were estimated to be worth approximately $1.5 trillion. It is not wrong to say that this figure is expected to keep rising in the coming years, thanks to the increasing popularity of e-commerce.
So how many packages are shipped in the United States? Approximately 27 million packages are delivered by UPS each day and 25 billion packages are delivered annually (2022 report). FedEx typically carries 10 million packages daily, while the USPS carries around 4,900 pieces per second.
Is that the whole of the shipment?
Above are just three of the numerous shipping companies that operate within the United States. It is right to say that millions of packages are shipped on a daily basis in this nation.
In today’s business world, companies need to be able to transport their products efficiently if they want to succeed. With more and more people shopping online, fast shipping has become really important and is only going to increase in the future.
The best part is that shipping has also come a long way in recent years as it used to be slow and expensive, but now it’s really fast and affordable, and it is available to all kinds of businesses, either big or small!
Shipping companies have invested a lot in improving their infrastructure and technology to keep up with demand. As a result, shipping has become a significant part of the modern economy.
Growth Rate That Multiplies With Time Every Year
The shipping industry is set to expand in the coming years as more people are finding it easy to shop online. It’s becoming increasingly common to have purchases delivered right to our doorsteps.
But the problem with this convenience is the shipping costs that can be pretty steep, especially for retailers. In fact, it can make up as much as 30% of their operating budget in some cases. That’s why many retailers are looking for ways to reduce these costs.
One way to cope with this situation is to take the help of packaging companies. These firms provide both packaging materials and packaging services, which can be a great alternative to traditional brick-and-mortar stores. But it’s not just retail e-commerce that’s driving growth.
Business-to-business (B2B) shipments are also on the rise as more companies turn to e-commerce platforms to buy goods and services. All of this means that the packaging and shipping industry has a lot of potential for growth in the coming years.
Introducing Packaging Delivery as a Fresh Player
Amazon Logistics has been growing at an incredible rate! In 2019, the company delivered a whopping 1.9 billion packages in the United States alone. That’s a 155% increase from the previous year, and it generated over 53.7 billion U.S. dollars in revenue for Amazon worldwide.
Last year, Amazon Logistics added 275,000 full-time and part-time employees to its delivery network to keep up with the surge in demand. They even brought on 100,000 seasonal workers in December. As we move past the pandemic in 2023, the packaging and shipment industry is still going strong.
Future of Shipment and Packaging in the U.S.
After the pandemic, the lifestyle of every individual has changed a lot. This pandemic shows us the new way of living that everything can quickly be done without leaving your home. Among all these, E-commerce has gained the foremost priority and makes lives very easy.
Now, we do not have to spare our time to visit the market, choose something, and purchase it. We can easily do it with just a click from our smartphones or computers.
The drone facility introduced by Amazon is super fast, amazing, and eco-friendly. It has gained a lot of popularity in the U.S.
The future of packaging and shipment is exciting and full of potential. With the right innovations, we can expect faster, more efficient, and greener delivery services.
In my role as a senior editor at TBP, I focus on packaging & printing technique. My research endeavors are aimed at gaining more knowledge about the packaging industry.