FedEx and UPS face shared challenges after pandemic delivery boom
By
The Economist
Summary
A brief business news piece noting that FedEx and UPS, America's largest delivery companies, experienced a boom during the pandemic as lockdowns drove a surge in home deliveries. The article highlights that both logistics giants now share similar strategies and face a common threat, though the specific threat is not detailed in this excerpt.
Source
bskyFedEx and UPS face shared challenges after pandemic delivery boomecon.stKey quotes
· 3 pulledFor America's biggest delivery companies, the pandemic brought a boom.
To fulfil a torrent of orders from people stuck at home in lockdown, FedEx's white lorries and UPS's brown ones kept rumbling along America's highways and their planes criss-crossed its skies.
The two logistics giants have similar strategies—and face a common threat
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