Shipping companies seem to be looking forward to a big 2014 holiday season, as "UPS is hiring as many as 95,000 seasonal workers and FedEx Corp. (FDX) is taking on at least 50,000 more to ensure people get their iPhones and foot massagers on time even as consumers tempt fate by waiting later and later to buy online," according to a Bloomberg story.
The story goes on to say that the moves seem to be an effort to compensate for glitches in the system last year that led to packages being delivered after Christmas. "The stakes are especially high for Atlanta-based United Parcel Service, which was blamed by Amazon for the post-Christmas deliveries. UPS’s contract with the Amazon Prime service guarantees delivery in two days, and orders were larger and came later than anticipated."
The story goes on to say that the moves seem to be an effort to compensate for glitches in the system last year that led to packages being delivered after Christmas. "The stakes are especially high for Atlanta-based United Parcel Service, which was blamed by Amazon for the post-Christmas deliveries. UPS’s contract with the Amazon Prime service guarantees delivery in two days, and orders were larger and came later than anticipated."
- KC's View:
