The Wall Street Journal offers a summary analysis on what FedEx and UPS are up to. At youngresearch.com you can regularly follow the progress of both strategic powerhouses.
Parcel delivery companies are getting closer to online retailers—literally.
The package-delivery operations at FedEx Corp. and United Parcel Service Inc. have been opening more and larger sorting facilities that are readily accessible to their customers—shortening the often time-consuming first leg of a shipment, from e-commerce fulfillment center to shipping hub.
This week, UPS announced plans to open its third-largest facility yet, part of a “multiyear” investment plan to expand and modernize its network. …
The addition comes as FedEx’s Ground division has added more than 12 million square feet of package-sorting space since last year…
“It’s been a growth story,” said Perry Colosimo, a spokesman for FedEx Ground.
Amazon Could Soon Compete with UPS and FedEx
Latest posts by Dick Young (see all)
- Witness the Raw Power of Diversification - September 13, 2019
- With This Plan You Can Save More in 8 Years than in 32 Without It - September 6, 2019
- Don’t Be Shaken Out of the Market on Bad News - August 30, 2019