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The story behind the story

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Amazon data and sources: Amazon shipped 5.2B US packages in 2022, more than UPS, after passing FedEx in 2020; Amazon delivered 4.8B items ahead of Thanksgiving

Amazon is eclipsing both carriers, and the gap is growing  —  Amazon.com has grabbed the crown of biggest delivery business in the U.S.

Wall Street Journal

Context & Ripple Effects

Amazon’s delivery expansion has been visible for years: it was already handling about 48% of its own U.S. packages in 2019, a sharp shift from reliance on outside carriers and the Postal Service (Amazon’s growing in-house delivery share).

The scale-up was supported by a major physical-network buildout, including more than 450 U.S. warehouses added since late 2019 (the expansion of Amazon’s fulfillment footprint). The new volume comparison shows that infrastructure has become a carrier-scale operation, not just a retail support function.

First-order effects

  • Amazon becomes the largest U.S. parcel-delivery business by the reported 2022 package volume, placing UPS and FedEx behind a retailer that was once a major shipper customer.
  • UPS and FedEx face a larger rival that controls both the customer checkout experience and a substantial share of the delivery network, while Amazon gains more control over holiday-period fulfillment.

Second-order effects

  • The major carriers have greater incentive to replace Amazon-related volume with other merchants and to differentiate on services Amazon’s network does not provide, rather than treating Amazon chiefly as a customer.
  • Amazon’s reduced dependence on third parties changes the bargaining balance across the parcel ecosystem; its earlier reliance on USPS for 1.54B packages in 2019 (Amazon’s USPS package volume) illustrates the scale of business that has shifted inward.

Third-order effects

  • If Amazon sustains this volume lead, U.S. parcel delivery increasingly becomes a contest between integrated commerce-and-logistics platforms and stand-alone carriers, not simply a carrier market serving retailers.
  • The episode points to fulfillment capacity as a strategic moat: the earlier push to fund one-day delivery (Amazon’s shipping and fulfillment investment) can compound into operational control and lower reliance on external networks.

The trend: Retail platforms are vertically integrating fulfillment and last-mile delivery, turning logistics from a purchased service into a core competitive layer.

Discussion

  • @juokaz Juozas Kaziukėnas on x
    Amazon is now biggest delivery business in the US, surpassing both UPS and FedEx in parcel volumes. Amazon predicts that it will deliver around 5.9 billion packages by the end of the year. Forget drones, look at Amazon nailing the boring stuff. https://www.wsj.com/... [image]
  • @davehclark Dave Clark on x
    What the teams built here is simply remarkable. The Amazonians and the thousands of amazing entrepreneurs who built their delivery service businesses alongside Amazon the last few years scaled a physical and technical infrastructure at a velocity that is truly unprecedented....
  • @danamattioli Dana Mattioli on x
    SCOOP: Amazon has quietly surpassed UPS & FedEx as the largest parcel delivery company in the U.S. This was once considered impossible, with one logistics CEO calling the notion of Amazon ever emerging as a real competitor “fantastical.” https://www.wsj.com/... @estherfung