UPS CEO David Abney reveals why the logistics giant hasn't pushed into 1 of delivery's fastest

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UPS CEO David Abney reveals why the logistics giant hasn't pushed into one of delivery's fastest-growing sectors - Business Insider
  • UPS hasn't moved into one of the fastest-growing sectors of e-commerce — at-home furniture deliveries.
  • UPS CEO David Abney told Business Insider that part of the reason is because UPS' small package unit is not equipped to process large packages.
  • "They want something that fits on a conveyer belt," an analyst told Business Insider of UPS' strategy.
Online orders of furniture was estimated to grow by 18.2% in 2018. That industry — powered by folks who are now comfortable ordering their couches, mattresses, and other furnishings through the internet — is now worth an estimated $50.32 billion.
 
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