UPS CEO on holiday peak season: ‘We’ve been planning for this for months’ - CNBC
United Parcel Service has stepped up its game plan to take on the holiday season rush, Carol Tomé, who joined the shipping company as chief executive in June, told CNBC Wednesday.
“We’re planning a pretty peaky peak, and peak is so important to our customers that we’ve been planning for this for months,” she said in a “Mad Money” interview.
Tomé, who was previously Home Depot’s decades-long chief finance officer, brushed off any worries of what some are predicting to be a “shipageddon” this quarter, where delivery services like UPS and FedEx are projected to see a severe capacity shortfall of millions of packages per day. Delivery demand is only expected to swell amid the pandemic.
United Parcel Service has stepped up its game plan to take on the holiday season rush, Carol Tomé, who joined the shipping company as chief executive in June, told CNBC Wednesday.
“We’re planning a pretty peaky peak, and peak is so important to our customers that we’ve been planning for this for months,” she said in a “Mad Money” interview.
Tomé, who was previously Home Depot’s decades-long chief finance officer, brushed off any worries of what some are predicting to be a “shipageddon” this quarter, where delivery services like UPS and FedEx are projected to see a severe capacity shortfall of millions of packages per day. Delivery demand is only expected to swell amid the pandemic.