Smaller shippers edging in on FedEx and UPs

|About: FedEx Corporation (FDX)|By:, SA News Editor

Regional shipping companies are slowly grabbing market share from FedEx (FDX) and UPS (UPS) as the patch together networks which make their service a viable option for big companies such as Amazon, Walgreen, or Avon Products.

The lean companies offer better rates and faster delivery in some markets.

Regional shippers account for 3% of the total market and will see their combined revenue top $1B for the first time this year.