Executive Briefings

UPS Looks for E-commerce to Boost Holiday Shopping Delivery; Takes on Seasonal Workers

Brick-and-mortar retailers are sweating online competition this holiday season, perhaps more than ever. But it's all upside to UPS. The shipping giant is cashing in both on internet shopping and old-school retailers trying to mimic Amazon.com - shipping inventory around the country in an incessant supply-chain shuffling.

UPS Looks for E-commerce to Boost Holiday Shopping Delivery; Takes on Seasonal Workers

The company estimates it will handle 4 percent more U.S. packages over the holidays, thanks in part to an expected 15-percent increase in online retail orders.

"We expect this year's holiday season will be another for the record books, as we pick up more than 34 million packages on our peak day," Chief Sales, Marketing and Strategy Officer Alan Gershenhorn says.

Elsewhere, it's reported that UPS will hire 55,000 workers for the holiday season.

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The company estimates it will handle 4 percent more U.S. packages over the holidays, thanks in part to an expected 15-percent increase in online retail orders.

"We expect this year's holiday season will be another for the record books, as we pick up more than 34 million packages on our peak day," Chief Sales, Marketing and Strategy Officer Alan Gershenhorn says.

Elsewhere, it's reported that UPS will hire 55,000 workers for the holiday season.

Read Full Article

UPS Looks for E-commerce to Boost Holiday Shopping Delivery; Takes on Seasonal Workers