UPS, FedEx Growing by Tapping 'Adjacent Business' - CNBC
The shipping business is huge, but the sector isn't necessarily experiencing huge growth. UPS and FedEx combine for about $90 billion in revenue, but to get that number above $100 billion, the two companies need to look beyond just shipping.
In this era of efficiency and globalization, a viable growth engine has emerged: Adjacent Business.
The shipping business is huge, but the sector isn't necessarily experiencing huge growth. UPS and FedEx combine for about $90 billion in revenue, but to get that number above $100 billion, the two companies need to look beyond just shipping.
In this era of efficiency and globalization, a viable growth engine has emerged: Adjacent Business.
