Oops...There It Isn't! UPS, FedEx Experience Delays

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Dec. 26 (Bloomberg) -- UPS and FedEx said they are experiencing some delays as rising online retail orders contributed to deliveries overwhelming capacity. Adam Johnson reports on Bloomberg Television's "Lunch Money."(Source: Bloomberg)

Some this year.

Shippers and retailers missed the delivery targets because of an avalanche of last-minute holiday orders.

Ups noted on its website that it missed some targets, and will start resuming delivery.

There something about ups [indiscernible] logistics.

? music not so sweet this morning.

Ups and fedex did damage control over all these late deliveries.

The company had a massive influx of online shopping, but expecting it was knotted -- not good enough.

We expect our average volume between thanksgiving and christmas will be up about 8%. we will pray for good weather and hopefully get all the procrastinators' presents to their homes on time.

Apologies abound this morning.

Ups said in a statement, the company is, quote -- making every effort to get packages to their destination.

The volume of their packages and system exceeded capacity of our network exceeding -- following christmas.

Fedex says, quote -- i think this shows the entire supply chain was overwhelmed in these last several days, and

This text has been automatically generated. It may not be 100% accurate.


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