Inside the massive Nanjing warehouse of Chinese retailer Suning. Photo: Visual China Group/Getty Images

The world shipped 2,760 packages per second in 2018.

The big picture: That's a total of 87 billion parcels for the year, according to new data by shipping services company Pitney Bowes, provided first to Axios.

  • The total is up from 74.4 billion in 2017.

Why it matters: The rise of retail giants like Amazon, Alibaba and Rakuten is driving consumers' demand for a constant stream of parcels to their doorsteps — delivered fast and for free.

But, but, but: The demand for delivery comes with a steep environmental cost. Transportation is a larger contributor to climate change than any other industry.

  • China alone accounts for nearly 60% of the global parcel volume. The country shipped 50.5 billion packages last year.
  • The U.S. is next, with 12.5 billion, then Japan, with 9.4 billion.

Go deeper

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Bond investors see brighter days

Illustration: Sarah Grillo/Axios

U.S. government bonds could breakout further after yields on the benchmark 10-year Treasury note ticked up to their highest since early June last week.

But, but, but: Strategists say this move is about an improving outlook for economic growth rather than just inflation.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: The swing states where the pandemic is raging. Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk — Mark Meadows: "We are not going to control the pandemic"
  2. Health: 13 states set single-day coronavirus case records last week — U.S. reports over 80,000 new cases for second consecutive day.
  3. Education: The dangerous instability of school re-openings.
  4. World: Australian city to exit one of world's longest lockdowns — In photos: Coronavirus restrictions grow across Europe
  5. Media: Fox News president and several hosts advised to quarantine after possible COVID-19 exposure
  6. Nonprofit: Rockefeller Foundation commits $1 billion for COVID-19 recovery
Erica Pandey, author of @Work
3 hours ago - Economy & Business

The dangerous instability of school re-openings

Illustration: Eniola Odetunde/Axios

Schools across the country have flip-flopped between in-person and remote learning — and that instability is taking a toll on students' ability to learn and their mental health.

The big picture: While companies were able to set long timelines for their return, schools — under immense political and social strain — had to rush to figure out how to reopen. The cobbled-together approach has hurt students, parents and teachers alike.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!