The Daily Dash: UPS’ blowout quarter; Mayor Pete now Secretary Pete

The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, the surge in e-commerce resulted in a strong Q4 for UPS, which easily beat analysts’ estimates. Plus, the U.S. Senate confirms Pete Buttigieg as U.S. Department of Transportation secretary, and Forward Air announces a general rate increase.

Times are good

As e-commerce surged in 2020, especially heading into the holidays, UPS Inc. (NYSE: UPS) saw demand for its services rise, and that led to a...

https://www.freightwaves.com/news/the-daily-dash-ups-blowout-quarter-mayor-pete-now-secretary-pete

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