Exclusive: UPS weighs strategy to deliver bulky goods to boost growth - Reuters
United Parcel Service Inc (UPS.N) is in talks with at least one U.S. trucking firm to launch an in-home delivery service for large, heavy goods such as couches and treadmills, as the world’s largest package deliverer looks to cash in on one the fastest growing segments of online retail.
UPS and its rival FedEx Corp (FDX.N) currently deliver parcels up to 150 pounds (68.04 kg) in weight to a person’s door step, and neither carries packages into a person’s home or handles so-called “white glove” services such as product assembly or installation.
UPS told Reuters it is now eyeing the furniture delivery business - one of the fastest-growing segments of online retail - with Amazon.com Inc (AMZN.O), Wayfair Inc (W.N) and other e-commerce companies competing for market share against chains like Crate and Barrel and big-box stores.
United Parcel Service Inc (UPS.N) is in talks with at least one U.S. trucking firm to launch an in-home delivery service for large, heavy goods such as couches and treadmills, as the world’s largest package deliverer looks to cash in on one the fastest growing segments of online retail.
UPS and its rival FedEx Corp (FDX.N) currently deliver parcels up to 150 pounds (68.04 kg) in weight to a person’s door step, and neither carries packages into a person’s home or handles so-called “white glove” services such as product assembly or installation.
UPS told Reuters it is now eyeing the furniture delivery business - one of the fastest-growing segments of online retail - with Amazon.com Inc (AMZN.O), Wayfair Inc (W.N) and other e-commerce companies competing for market share against chains like Crate and Barrel and big-box stores.
