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UPS to return record amount of packages

Move indicates that e-commerce purchases have surged to new heights over the holiday season

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Package delivery firms such as UPS have benefited from booming delivery volumes, but also have had to invest billions to upgrade and expand their networks to cope.

Seattle

UNITED Parcel Service (UPS) is on track to return a record number of packages this holiday shipping season, a sign that e-commerce purchases surged to new heights over the past month.

The world's largest package delivery company and rival FedEx get paid by retailers such as...

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