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To a lesser extent in the US, FedEx competes with SF Express and DHL, and while DHL's market share in the United States is rising, the shipping industry (not including USPS) in the United States is primarily dominated by UPS and FedEx; DHL is only a strong competitor to FedEx outside of the United States. [33]
UPS is the largest courier company in the world by revenue, with annual revenues around US$85 billion in 2020, ahead of competitors DHL and FedEx. [9] UPS's main international hub, UPS Worldport in Louisville, Kentucky, is the fifth busiest airport in the world by cargo traffic based on preliminary statistics from ACI, and the third busiest in ...
However, it retained international services and was still in talks with UPS to transport DHL packages between U.S. airports. [24] DHL ended domestic pickup and delivery service in the United States in 2009, effectively leaving UPS and FedEx as the two major express parcel delivery companies in the US. [25]
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While UPS (NYS: UPS) and FedEx (NYS: FDX) have given investors reason to pause on fears of a global economic slowdown, Amazon.com (NAS: AMZN) continues to look better and better.
The courier industry in United States is a $59 billion industry, with 90% of the business shared by DHL, FedEx, UPS and USA Couriers. On the other hand, regional and/or local courier and delivery services were highly diversified and tended to be smaller operations; the top 50 firms accounted for just a third of the sector's revenues.
FedEx vs. UPS In fact, according to the Bureau of Labor Statistics, delivery and other truck drivers make up one of the largest occupational groups in the U.S., holding 3.2 million jobs. Overall ...
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