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It is a unique ID number or code assigned to a package or parcel. The tracking number is typically printed on the shipping label as a bar code that can be scanned by anyone with a bar code reader or smartphone. In the United States, some of the carriers using tracking numbers include UPS, [1] FedEx, [2] and the United States Postal Service. [3]
United Parcel Service, Inc. (UPS) is an American multinational shipping & receiving and supply chain management company founded in 1907. [1] Originally known as the American Messenger Company specializing in telegraphs, UPS has expanded to become a Fortune 500 company [6] and one of the world's largest shipping couriers.
Tracking packages with stationary bar code reader in a warehouse sorting operation. Package tracking or package logging is the process of localizing shipping containers, mail and parcel post at different points of time during sorting, warehousing, and package delivery to verify their provenance and to predict and aid delivery.
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FedEx Ground Economy is a subsidiary of FedEx Ground which provides a parcel consolidation service most commonly used for residential deliveries of small, lightweight parcels. It is cheaper than ground package delivery but speeds are generally one to two days slower. Parcels are trackable but delivery dates are not guaranteed. [16]
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Oftentimes an LTL carrier can be references as a "common" carrier, one who handles common freight above what would normally ship via FedEx Ground, or UPS or U.S. LTL common carriers are also more likely to accept loose (non-palletized) cargo than the other two modes, FTL and parcel. [3]
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.