Global package shipping volume increased by 48% during the past two years, powered by growth in e-commerce, according to a report released last week by technology company Pitney Bowes.
Package or parcel volume as it is called in the report, has grown from 44 billion parcels in 2014 to 65 billion in 2016, according to an index that measures volume and spending on shipments in 13 major markets including the U.S. Pitney’s index estimates parcel shipping will continue to rise between 17% and 28% each year between 2017 and 2021.
Victor J. Blue/Bloomberg News
