UPS, FedEx Growing by Tapping 'Adjacent Business'

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 25, 2012.

  1. cheryl

    cheryl I started this. Staff Member

    UPS, FedEx Growing by Tapping 'Adjacent Business' - CNBC

    The shipping business is huge, but the sector isn't necessarily experiencing huge growth. UPS and FedEx combine for about $90 billion in revenue, but to get that number above $100 billion, the two companies need to look beyond just shipping.

    In this era of efficiency and globalization, a viable growth engine has emerged: Adjacent Business.