Asia Pacific driving an express market set to keep delivering healthy growth
The global parcel delivery market has boasted steady growth since 2020, with Asia the largest ...
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
FDX: ABOUT USPS PRIVATISATIONFDX: CCO VIEWFDX: LOWER GUIDANCE FDX: DISRUPTING AIR FREIGHTFDX: FOCUS ON KEY VERTICALFDX: LTL OUTLOOKGXO: NEW LOW LINE: NEW LOW FDX: INDUSTRIAL WOESFDX: HEALTH CHECKFDX: TRADING UPDATEWMT: GREEN WOESFDX: FREIGHT BREAK-UPFDX: WAITING FOR THE SPINHON: BREAK-UP ALLUREDSV: BREACHING SUPPORTVW: BOLT-ON DEALAMZN: TOP PICK
Surging online deliveries are creating backlogs in US supply chains with both Walmart and UPS reporting delays as Christmas orders rack up. Reuters reports that “soaring” online orders led to blockages in the distribution network of the world’s largest retailer. The problem seems to stem from the Thanksgiving period. And, despite months, of preparation, networks seem incapable of managing the spike that accompanies the Black Friday and Cyber Monday promotions. The same was true for UPS with The Chicago Tribune noting that online orders “overwhelmed” the company’s network.
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