UPS to boost weekend ground deliveries

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UPS to boost weekend ground deliveries - Freight Waves

UPS Inc. (NYSE:UPS) said Tuesday that it plans to expand its weekend ground residential delivery operations, a strategy designed to build greater traffic density across its daily delivery network and to close the weekend delivery gap with archrival FedEx Corp. (NYSE:FDX).

UPS CEO Carol Tomé told analysts following the release of the company’s first-quarter results that by October it will reach 90% of the U.S. population with its Saturday ground deliveries to residences. Currently, that number stands at a little higher than 75%.

In addition, UPS will expand its Sunday delivery network through its existing alliance with the U.S. Postal Service, Tomé said, without providing details. UPS’ ground residential network is virtually invisible on Sundays, although the Postal Service delivers some Sunday volume for UPS through the SurePost alliance between the two entities.
 
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