The U.S. parcel delivery landscape is undergoing a structural shift. Colography’s latest analysis finds that regional, local, and alternative last-mile carriers now account for 8.5% of the carrier-addressable market — up from just 2.6% in 2021 — growing at a 32.8% compound annual rate while the Big 3 national carriers collectively ceded nearly 6 share points over the same period.
The carrier-addressable market itself has contracted to approximately 15.5 billion shipments, driven by post-pandemic demand normalization and Amazon’s continued expansion of its own delivery network. For shippers, carriers, and investors, the data signals a more competitive and diversified delivery environment — and a clear strategic imperative to understand where volume is actually moving, not just how much of it exists.