Shipping companies including the U.S. Postal Service, FedEx, and United Parcel Service will have enough capacity to achieve on-time deliveries this holiday season.
Consumers were enticed to shop early to take advantage of early holiday sales, shop more in stores, and moderate spending to counter inflation. As a result, shipping volume was reduced, and shipments were spread over a longer period.
Nevertheless, shipping companies are maintaining a buffer of excess capacity of 10 million to 20 million parcels each day to meet […]