UPS and FedEx reported revenue per piece/package is ~$13-$14 (1q25).
SF Express, the most premium express in China, reported ASP of 15.5 rmb in 2024 and ASP of 14.6 rmb in 1q25.
Other express delivery companies in China reported ASP of 2.3 rmb (YTO) and 2.05 rmb (STO and Yunda) in 2024.
Meanwhile, ZTO+YTO+STO+Yuanda+SF -> 330k package per day!
FedEx +UPS is ~40k package per day.