UPS Will Not Forecast US Holiday Shipping Volumes

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 17, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Will Not Forecast US Holiday Shipping Volumes - CNN Money

    United Parcel Service Inc. (UPS) has dropped plans to reveal how much extra business it expects during the upcoming U.S. holiday season, highlighting a weakening economy and the continuing decline in retail- sector activity.

    The largest U.S. package shipper by volume traditionally forecasts the volume it expects on the peak days before Christmas as personal and business-to- consumer traffic climaxes ahead of the holiday. In what has been a show of logistical prowess, the company has also revealed how many temporary workers it would hire for the seasonal surge.
     
  2. rocket man

    rocket man Well-Known Member

    Bravo its time to keep things in house.
     
  3. chev

    chev Nightcrawler

    Probably trying to keep stock from crashing any lower.
    We all know how much volume is down. Now is not the time to feed Wallstreet more fear fodder.