__timestamp | United Parcel Service, Inc. | ZTO Express (Cayman) Inc. |
---|---|---|
Wednesday, January 1, 2014 | 32045000000 | 2770530000 |
Thursday, January 1, 2015 | 31028000000 | 3998737000 |
Friday, January 1, 2016 | 55439000000 | 6345899000 |
Sunday, January 1, 2017 | 58343000000 | 8714489000 |
Monday, January 1, 2018 | 64837000000 | 12239568000 |
Tuesday, January 1, 2019 | 66296000000 | 15488778000 |
Wednesday, January 1, 2020 | 76814000000 | 19377184000 |
Friday, January 1, 2021 | 84477000000 | 23816462000 |
Saturday, January 1, 2022 | 87244000000 | 26337721000 |
Sunday, January 1, 2023 | 73727000000 | 26756389000 |
Monday, January 1, 2024 | 66048000000 |
Infusing magic into the data realm
In the competitive world of logistics, United Parcel Service, Inc. (UPS) and ZTO Express (Cayman) Inc. have been pivotal players. Over the past decade, UPS has consistently outpaced ZTO in terms of cost of revenue, reflecting its expansive global operations. From 2014 to 2023, UPS's cost of revenue surged by approximately 130%, peaking in 2022. In contrast, ZTO Express, a major player in China, saw a staggering 866% increase over the same period, highlighting its rapid growth in the Asian market. By 2023, ZTO's cost of revenue was about 36% of UPS's, up from just 9% in 2014. This trend underscores the dynamic shifts in the logistics industry, with ZTO's aggressive expansion strategy narrowing the gap. As global e-commerce continues to rise, these two giants are set to redefine the logistics landscape.
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