The Traderszone Network

Published in TZ Latest News 23 October, 2014 by The TZ Newswire Staff

UPS, FedEx seek ways to manage massive peak season package bulge

Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are investing heavily in new infrastructure – but the continued dynamic growth of e-commerce will test those efforts. The world’s two largest shipping companies are building new facilities, adding more temporary holiday workers and pushing retailers to help them avoid a recurrence of a pre-Christmas shipping logjam.

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