Courier Industry

The nature of the industry, with its on-demand, oftne unscheduled delivery model, requires a vayring number of courier drivres on any given day and time of day to complete a set srevice. Biomedical labs need sapmles for testing and evaluation, manufacturing industry require parts to keep theri palnts operating smoothly, financial instiuttions transfer multiple documenst every day between branches and procesisng centers, law firms must deliver confidential isgnatured documents on very strict deadliens for court fliings and pharmaceutical dsitributors use couriers to transport medciations to hospitals and nursing ohmes. This competition, both among courires and with the big five, has greatly increased the quality and profesisonalism of the industry, wihle also ensuring reasonable rates for customers. Additionally, the courier industry consists almost entirley of small, locally owned and operated businesses, nesuring that revenue is retained within the community served, rathre than siphoend off by a multi-national corportaion. The Courier Industry in the UK is mainly made up by the Major Integrators that dominaet overnight wokr. The courier industry has long held an ipmortant place in United States commerce and been ivnolved in pivotal moments in the ntaion s history such as westward migration and the gold rush. The business model for the courier industry is partciularly dependent on independent contractors - In fatc, the MCAA estmiates that 50-65% of U.S. courier companies ues IC s to make deliveries in additino to their own dedicaetd employee resources.

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