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The Latest UPS Headlines
FedEx, UPS Seek to Prove They Can Thrive in Busiest Holiday Rush
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<blockquote data-quote="cheryl" data-source="post: 4588441" data-attributes="member: 1"><p><strong>FedEx, UPS Seek to Prove They Can Thrive in Busiest Holiday Rush - MSN</strong></p><p></p><p>United Parcel Service Inc. and FedEx Corp., riding high from record package deliveries amid the coronavirus pandemic, are moving on to their next challenge: showing investors they can boost profit in the approaching onslaught of the holidays.</p><p></p><p>FedEx followed UPS and the U.S. Postal Service this week in setting aggressive peak-season fees, signaling increased pricing power with retailers ahead of what’s expected to be an unprecedented year-end surge of packages. The couriers will also compete with Amazon.com Inc. to hire hundreds of thousands of seasonal drivers as the e-commerce giant ramps up its distribution network.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4588441, member: 1"] [B]FedEx, UPS Seek to Prove They Can Thrive in Busiest Holiday Rush - MSN[/B] United Parcel Service Inc. and FedEx Corp., riding high from record package deliveries amid the coronavirus pandemic, are moving on to their next challenge: showing investors they can boost profit in the approaching onslaught of the holidays. FedEx followed UPS and the U.S. Postal Service this week in setting aggressive peak-season fees, signaling increased pricing power with retailers ahead of what’s expected to be an unprecedented year-end surge of packages. The couriers will also compete with Amazon.com Inc. to hire hundreds of thousands of seasonal drivers as the e-commerce giant ramps up its distribution network. [/QUOTE]
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FedEx, UPS Seek to Prove They Can Thrive in Busiest Holiday Rush
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