UPS Ships Fewer Packages as Pandemic Boom Wanes

United Parcel Service Inc. posted a 14.5% increase in second-quarter sales despite shipping fewer packages than it did a year earlier, as higher shipping rates offset a package slowdown with more shoppers venturing to stores. Average daily shipping volume fell 0.8% globally

Companies Adjust Predictive Models in Wake of Covid

Companies reliant on complex algorithms to gauge customer demand, set prices or fine-tune supply chains are putting less weight on data generated during the coronavirus pandemic that many consider to be skewed. As the economy opens up, companies in sectors such as

Signing Bonuses of $1,000—and Up—Are the New Norm

Signing bonuses are usually reserved for professional athletes and a privileged few white-collar professionals. Not this summer. As U.S. employers’ search for hires increases in urgency—especially in the manufacturing, logistics, healthcare and food-service industries—truck drivers, hotel cleaners and warehouse workers are being

FedEx Suspended Service for 1,400 Freight Customers

FedEx Corp. FDX 0.94% suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package volume. The shipping and logistics giant dropped the customers

UPS Explores Same-Day Delivery Option

United Parcel Service Inc. UPS -4.15% is exploring a same-day option, a delivery model that has been employed by gig-economy players, as the pandemic has accelerated the shift to e-commerce. “We don’t have a same-day product today, so we’re looking at it,”