A bevy of new final-mile delivery companies is eating into the market share of FedEx, UPS and the U.S. Postal Service. The competition is keeping a lid on rates to the benefit of e-commerce shippers.

U.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of FedEx and UPS, a new report says. The post FedEx, UPS lose parcel ...