UPS Spends Now to Avoid Playing Scrooge Again This Christmas

A UPS worker delivers packages on Dec. 26, 2013 in Chicago Photograph by Scott Olson/Getty Images

UPS expects a a further glut of gifts at the end of the year, but it’s paying for them now. The shipping giant said this morning that it is spending $175 million on some 30 projects to upgrade its network in advance of the 2014 year-end Web-shopping frenzy.

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