The holiday parcel-delivery season may not have come off perfectly, but the “shipageddon” that many had feared did not materialize.
Much of that was due to the performance of the parcel carriers, with their preparation for a nightmare peak-season scenario paying off in solid on-time delivery results under tough circumstances. UPS Inc. (NYSE:UPS) delivered 96.7% of its parcels on time during a five-week cycle tracked by consultancy ShipMatrix. FedEx Corp. (NYSE:FDX) clocked in at 95.1%, while the...
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