Cost of Revenue Comparison: United Parcel Service, Inc. vs FedEx Corporation

Cost of Revenue: UPS vs. FedEx

In the competitive world of logistics, United Parcel Service, Inc. (UPS) and FedEx Corporation have been industry giants for decades. This chart provides a fascinating insight into their cost of revenue trends from 2014 to 2023. Over this period, UPS consistently outpaced FedEx in terms of cost of revenue, peaking in 2022 with a 20% higher cost than FedEx. Notably, UPS's cost of revenue surged by approximately 172% from 2014 to 2022, reflecting its aggressive expansion and operational investments. Meanwhile, FedEx saw a 102% increase over the same period, indicating steady growth. However, 2023 marked a decline for both companies, with FedEx's cost dropping by 3% and UPS's by 15%, possibly due to economic shifts or strategic cost-cutting measures. The data for 2024 is incomplete, highlighting the dynamic nature of the logistics industry and the need for continuous adaptation.