FedEx slumps, Amazon slows and more takeaways from a top shipping index

U.S. parcel delivery demand fell back to earth in 2022, leaving top carriers like FedEx scrambling to cut costs and readjust their networks for an uncertain future.

Data released Tuesday from the Pitney Bowes Parcel Shipping Index outlines the extent of these volume declines, along with which delivery providers fared the best in a difficult environment.

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