FedEx Corp. (NYSE:FDX) and UPS Inc. (NYSE:UPS) have a holiday message for their big customers: Prepare to pay up or prepare to pound sand.
An extraordinary year for parcel shipping will conclude with an equally extraordinary peak season. Carriers are bracing for unprecedented volumes as the normal holiday shop and ship hysteria meets the abnormal nine-month surge in e-commerce as consumers continue to avoid stores due to the coronavirus pandemic.
Just as unprecedented, however, will be the...
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