(Image source: Parcel Monitor)
North America’s e-commerce logistics market is thriving, with projected revenues of US$1.327 trillion in 2024 and expected growth to US$2.050 trillion by 2029. Key players in the United States, Canada, and Mexico are enhancing capabilities to meet the demands of a growing online shopper base, estimated to reach 484.6 million by 2029.
In the U.S., major carriers like USPS, UPS, and FedEx are pushing innovation in last-mile delivery and AI-driven route optimization. USPS led with the fastest transit time of 2.13 days, while UPS boasted the highest first-attempt success ratio at 98.45%. FedEx achieved an impressive on-time delivery rate of 98.35%, underscoring their dedication to efficient service.
Canada’s logistics providers are similarly advancing. FedEx recorded the fastest transit time of 1.73 days, and Canada Post led in accessibility with a 24.44% collection point ratio. However, Purolator faced a higher issue rate, highlighting opportunities for enhanced predictive route planning.
In Mexico, Estafeta excelled with a swift 1.45-day transit time, while FedEx achieved the best on-time delivery ratio at 97.47%, supported by strong infrastructure and logistics capabilities.
These insights show North America’s logistics providers adapting to meet demand through technology and network expansion. For an in-depth look at carrier performance data and future trends, read the full article on Parcel Monitor.
About Parcel Monitor
Your gateway to real e-commerce logistics data worldwide.
Parcel Monitor is a trusted source of e-commerce logistics insights – powered by real consumers’ order data. With a global network spanning 1078+ carriers, 170+ countries, and 60,000+ shipping routes, Parcel Monitor provides an accurate reflection of the e-commerce industry by tracking millions of parcels daily.
Parcel Monitor is recognized as a reputable data source within the global logistics sector, endorsed by prominent publications like The Washington Post and The New York Times. Additionally, we frequently collaborate with industry leaders such as Rakuten Insights, CBRE, Transport Intelligence, and eMarketer.
