Parcel Volume in U.S. Hits Projection a Year Ahead
'...FedEx saw the biggest U.S. parcel volume falloff in 2022, according to Pitney Bowes’ annual index, and while overall domestic volume last year was down by 2.2%, the pandemic bump in ecommerce helped it outpace the 2019 projection by hitting the target a year ahead of schedule. Pitney Bowes forecast parcel volume growth will be cut in half from 2023-2028, from a 10.8% CAGR in the trailing five years to a “most likely” CAGR of 5%, out of three different scenarios, “driven by market normalization, inflation and economic uncertainly.”...'
Reference: multichannelmerchant.com
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