Parcel Shipping Index: What Shippers Need to Know

Carrier competition is heating up — and that’s a win for shippers.

The 2024 Parcel Shipping Index reveals a dynamic shift in the parcel industry. While parcel volumes continue to grow, revenue per parcel is dipping, creating a highly competitive environment that’s giving shippers more leverage than ever before.

📈 Parcel Growth Outpaces Revenue

• U.S. parcel volume hit 22.37 billion in 2024 — up 3.4% from 2023.
• That’s 66 parcels per person and 167 per household.
• Revenue growth lagged, climbing just 2.7%, indicating lower profitability per shipment.

💰 Pricing Pressure Favors Shippers

• Revenue per parcel dropped to $9.09 (down 0.6%).
• Growth of low-cost alternatives like USPS Ground Advantage is reshaping the market.
• USPS volume grew 3.2% after years of decline.

🚚 Market Share Shifts

• Amazon Logistics now handles 6.3 billion parcels, nearly overtaking USPS.
• “Other” carriers grew 22.6% year-over-year, indicating increased use of regional and niche players.
• FedEx volume fell 3.6% — the only major carrier to shrink.

🌍 Tariffs May Fuel New Disruption

New international tariffs may lead to higher cross-border shipping costs and longer delivery times. This could open up new opportunities for regional carriers to fill the gap with faster and cheaper last-mile solutions.

🛠️ Tech Makes It Easier to Adapt

To stay ahead, shippers should:

• Use multi-carrier shipping platforms.
• Leverage pre-negotiated discounts.
• Connect with experts like ebb Logistics that use analytics to drive decisions.

🚀 Bottom Line

Carrier disruption is driving competition, lower rates, and more choices — putting power back in the hands of shippers. Those who embrace flexible technology and diversify their carrier strategies will thrive.

🔗 Explore the full report

Need help navigating these changes? Reach out to ebb Logistics to build your shipping profile and craft a tailored strategy that positions your business for long-term shipping success.

Contact Us Today!