UPS Sees Holiday Volume Up 7.5%, Adds China Flights
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United Parcel Service Inc. expects to handle 430 million packages globally between Thanksgiving and Christmas and has added flights in China to meet surging export demand, Chief Executive Officer Scott Davis said.
The projected volume for the peak holiday season marks a 7.5 percent increase from a year earlier, when the world’s largest package-delivery company had one fewer shipping day. Retailers surveyed by UPS anticipate holiday sales rising about 3 percent, Davis said today in a Bloomberg Television interview.