UPS Sees Six Shipping Days Topping Last Year’s Record - Bloomberg
Investors and retail customers are watching to see if Atlanta-based UPS’s $175 million peak-season preparedness plan, which includes hiring as many as 95,000 temporary workers and setting up 15 “mobile delivery villages,” is up to the challenge.
Preparations for this year’s holiday season started immediately after the end of last year’s, UPS executives have said. In an earnings call with analysts last week, Myron Gray, president of U.S. operations, said UPS will watch the volumes generated by its biggest customers closer than ever. If they exceed their original projections by too much, UPS may impose surcharges or defer their shipments for a day, Gray said.
Investors and retail customers are watching to see if Atlanta-based UPS’s $175 million peak-season preparedness plan, which includes hiring as many as 95,000 temporary workers and setting up 15 “mobile delivery villages,” is up to the challenge.
Preparations for this year’s holiday season started immediately after the end of last year’s, UPS executives have said. In an earnings call with analysts last week, Myron Gray, president of U.S. operations, said UPS will watch the volumes generated by its biggest customers closer than ever. If they exceed their original projections by too much, UPS may impose surcharges or defer their shipments for a day, Gray said.
