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Business Insider Intelligence
Outside of the US Postal Service (USPS), FedEx and UPS have dominated the domestic logistics industry — and in particular, the last-mile of the delivery — for decades. On a quarterly earnings call in 2016, FedEx estimated that itself, UPS, and USPS executed a whopping 95% of all e-commerce orders.
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See Also:
- Lyft's latest app update is part of its product diversification plan
- Daimler is trying to set the standard for EV batteries
- Uber is ramping up its food delivery unit for more revenue-generating potential ahead of IPO
SEE ALSO: Amazon and Walmart are building out delivery capabilities
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