Who are FedEx’s competitors?
FedEx names 7 companies as competitors in its latest annual report, on 4 fronts.
Skip to the field, head to head ↓FedEx company profile
FedEx's rival list is now parcel-only, and one name is a high-volume shipper
FedEx's list of competitors got narrower in kind. Old Dominion Freight Line, SAIA, TFI International, ABF Freight, XPO and YRC Worldwide are no longer named. DPD and General Logistics Systems were added since fiscal 2023. What remains is parcels: international express, package delivery and the USPS.
One name on that list is not a carrier. The report says "some high-volume package shippers, such as Amazon.com, are developing and implementing in-house delivery capabilities". Amazon had revenue of $716.9 billion and growth of 12%. FedEx had $94.7 billion and 8%. Amazon's net margin was 11%. FedEx's was 5%.
So FedEx's competitive position is a parcel business facing two kinds of rival. Carriers like UPS, at $88.7 billion and growth of -3%, compete for the same packages. A big shipper competes by deciding to carry its own. In a field this focused, volume is the asset, and whoever holds a lot of it can choose to keep it.
Where FedEx says it competes
“some high-volume package shippers, such as Amazon.com, are developing and implementing in-house delivery capabilities”
“Express International competitors are principally DHL, UPS, DPD (a subsidiary of France’s La Poste’s GeoPost), General Logistics Systems (a Royal Mail-owned parcel delivery group)”
“other package delivery concerns, principally United Parcel Service, Inc. (“UPS”)”
Who joined, who left
Against its annual report for fiscal 2023, FedEx’s latest list adds DPD and General Logistics Systems; it no longer names Old Dominion Freight Line, SAIA, TFI International, ABF Freight, ABF Freight, XPO Logistics, XPO and YRC Worldwide.
| Company | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|
| Amazon.com | ● | ● | ● | ● |
| DHL | ● | ● | ● | ● |
| United Parcel Service | ● | ● | ● | ● |
| DPD | · | ● | ● | ● |
| General Logistics Systems | · | ● | ● | ● |
| Old Dominion Freight Line | · | ● | ● | · |
| SAIA | · | ● | ● | · |
| TFI International | · | ● | ● | · |
| ABF Freight | · | · | ● | · |
| ABF Freight | · | ● | · | · |
| XPO Logistics | · | ● | · | · |
| XPO | · | · | ● | · |
| YRC Worldwide | ● | · | · | · |
● named in that year’s annual report, for the fiscal years shown.
The field, from the filings
| Company | Fiscal year | Revenue | Growth | Net margin | Employees |
|---|---|---|---|---|---|
| FedEx | FY to May 2026 | $94.7B | +8% | 5% | 300,000,230,000 |
| Amazon | 2025 | $716.9B | +12% | 11% | 1,576,000 |
| UPS | 2025 | $88.7B | −3% | 6% | 460,000 |
Each company’s latest fiscal year as reported to the SEC, in US dollars; fiscal years end in different months. Rivals that report outside the US or in other currencies are not shown.
What the rivals have done lately
“In January 2025, we acquired Frigo-Trans and Biotech & Pharma Logistics, an industry-leading, complex healthcare logistics provider based in Germany, for approximately $ 440 million.” filing
Decisions that shaped the field
| Amazon Tried to Build Healthcare Twice. Then It Started Writing Checks. | 2022 | Never undone |
| UPS Started Charging for Air. Then It Started Firing Its Biggest Customer. | 2025 | Held in part |
Asked about FedEx’s competitors
Who are FedEx's competitors?
In its annual report for fiscal 2026, FedEx names 7 competitors across 4 fronts: high-volume shippers building in-house delivery, international express parcel competitors, package delivery competitors and postal service competitor. 10-K for fiscal 2026
How does FedEx compare with its rivals?
FedEx reported $94.7B in revenue in its latest fiscal year, +8% on a year, with a 5% net margin. Amazon: $716.9B, 11% net margin; UPS: $88.7B, 6% net margin.
What are the alternatives to FedEx?
The companies FedEx itself names as competitors are listed above, front by front, each in its own report’s words. Which matters for a given buyer depends on the job, not the list.
What would it actually cost a challenger to take your customer?
Sources: FedEx’s annual report for fiscal 2026 and earlier years (2023, 2024, 2025); the annual reports of the companies that name it; each company’s financial data as reported to the SEC; Stratrix Decision Records. Analysis and data, not advice.
Keep going
Tools to try
- Ansoff move finderFramework: Ansoff Matrix
- Business model canvas builderFramework: Business Model Canvas
- Change readiness checkFramework: Kotter's 8-Step Change Model
- Five Forces scorerFramework: Porter's Five Forces
- SMART goal builderFramework: SMART Goals
- SWOT builderFramework: SWOT Analysis
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