Research and Markets (http://www.researchandmarkets.com/research/96zbwv/courier_and_local) has announced the addition of the "Courier and Local Delivery Services Market in the US 2015-2019" report to their offering.
The Courier and Local Delivery Services Market in US 2015-2019 to grow at a CAGR of 4.79% over the period 2014-2019.
Emergence of Regional Carriers is one of the major trends in the market. Regional carriers such as OnTrac and Eastern Connection, which provide parcel services to Western and Northeast US states, respectively, are grabbing contracts from major customers such as Amazon, Newegg, and many other high-volume e-commerce companies by providing cheaper, faster delivery options in specific regions.
According to the report, strong growth in the E-commerce industry is a major factor driving the Courier and Local Delivery Services market in the US. The E-commerce market is a high-volume-based sector and its sales are expected to reach US$2.4 trillion by 2018.
Further, the report states that the courier and local delivery services industry operates in a highly competitive market, and with DHL exiting the domestic market, both FedEx and UPS control the B2B market completely. Delivery rates have been restructured, and currently both FedEx and UPS have similar pricing strategies with little or no differentiation. With the two big players controlling the majority of the market, shippers are at a disadvantage.
Key Vendors
- Eastern Connection
- FedEx Corporation
- OnTrac
- United Parcel Service Inc. (UPS)
- United States Postal Service (USPS)
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Courier and Local Delivery Services Market in US
- Market Segmentation by Parcel Type
- Market Segmentation by Delivery Type
- Key Leading Regions 2011
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/96zbwv/courier_and_local