United Parcel Service Inc. appears to have passed its first stress test of the holiday season, an early sign that billions of dollars of network expansion and upgrades are paying off. “UPS is off to a good start this holiday season,” spokesman Glenn Zaccara said. FedEx’s on-time delivery for all service was 98.9%, about the same as last year, according to ShipMatrix, while the U.S. UPS is forecasting peak volume of 800 million packages globally, up from 762 million last year, while the U.S. FedEx, which last year delivered more than 400 million packages, hasn’t disclosed its holiday volume estimate.

Source: thestar November 28, 2018 22:51 UTC