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UPS, FedEx cap air express deliveries: report

Published Wed, Dec 24, 2014 · 09:50 PM

Bengaluru

UNITED Parcel Service Inc and FedEx Corp started limiting air express deliveries after a last-minute increase in shipped packages caused some retailers to exceed agreed-upon limits, the Wall Street Journal reported, citing people briefed on the situation.

This year, both UPS and FedEx held some retailers to their volume commitments during the final shopping days before Christmas, aiming to avoid a repeat of a fia…

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Companies & Markets

UPS, FedEx cap air express deliveries: report

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

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