Holiday Season: The Best of Times, The Worst of Times

UPS and FedEx are facing delivery challenges and plan to hire more seasonal workers to manage increased demand. Both companies are enhancing capacity and using technology to optimize operations. Meanwhile, USPS is cutting rates, posing a competitive threat as it attracts more business, including from Amazon. Additionally, new players like Google, Amazon, and Uber are entering the shipping market, intensifying competition.

What are the expected hiring numbers for UPS and FedEx this year compared to last year?

What strategies are UPS implementing to handle increased demand during the holiday season?

What changes in consumer behavior are impacting shipping companies?

How is the US Postal Service posing a threat to UPS and FedEx?

Which companies are mentioned as competitors to UPS and FedEx in the shipping industry?