U.S. Postal Service Predicts Record Holiday — FedEx and UPS Will Shine

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 7, 2013.

  1. cheryl

    cheryl I started this. Staff Member

    U.S. Postal Service Predicts Record Holiday — FedEx and UPS Will Shine - Yahoo

    The U.S. Postal Service (USPS) expects to ship 15 billion pieces of mail and packages between Thanksgiving and New Year's Eve. USPS management claims this will be a record. The number represents a surge of 12% from last year. Although it will not be nearly enough to lift the USPS out of its dismal financial shape, it is a sign that shipping activity across the industry will be strong. That is particularly good news for United Parcel Service Inc. (UPS) and FedEx Corp. (FDX), which expect a good year, and the USPS forecast supports that.