UPS’s Balancing Act: More Packages, Less Spending
By Paul Ziobro | April 26, 2018 11:20 a.m. ET
United Parcel Service Inc. is ramping up a “transformation” plan to cut costs across the organization as the delivery firm responds to changes in how people shop and nontraditional competitors such as Amazon.com Inc.
UPS executives on Thursday spoke often of accelerating a review of the company’s operations after it reported its latest quarterly results. The company is now delivering a majority of packages to consumers, rather than businesses, in the U.S., a more expensive delivery since it means delivering fewer packages…
Comments are closed