UPS to invest $2bn in international infrastructure by 2019
UPS said yesterday it plans to invest $2bn over the next five years in its international infrastructure in Europe, Asia and the Americas.
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USPS expecting stronger package growth than rivals at Christmas
The US Postal Service will be delivering packages seven days per week from next week until Christmas, as it expects double-digit volume growth during this year’s peak season.
Read MoreUPS recruiting 95,000 workers to boost holiday season performance
UPS is predicting an 11% increase in its parcel volumes during this year’s holiday season, and will take on 90,000 to 95,000 temporary workers to help cope with the extra volume.
Read MoreThird quarter growth puts UPS in confident mood ahead of peak season
UPS appeared confident about its preparations for this year’s festive season peak, as it issued latest quarter results that were above analyst forecasts.
Read MoreUPS set to match FedEx with a 4.9% price increase in North America
UPS has announced plans to match rival FedEx in implementing a 4.9% price increase for its 2015 rates in North America.
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