SA: Online shopping surge leads FedEx and UPS to set limits

ups fedex

© Jerome Cid

By LoadstarEditorial

19/10/2020

SEEKING ALPHA reports:

FedEx (FDX +1.3%) and UPS (UPS +0.1%) are warning some of their largest shippers that most of their capacity for the holiday season is already reserved.

“There will be days within the holiday season where the industry will be over capacity,” stated FedEx Chief Marketing Officer Brie Carere in a recent interview.

To read the full post, sourced from The Wall Street Journal, please click here.

You may also want to read this: “U.S. Postal Service, Chewy, UPS, others hiring thousands of seasonal employees“.

And this: “FedEx Express strengthens presence in Mexico with $12m logistics center“.

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