SEEKING ALPHA reports:
FedEx (FDX +1.3%) and UPS (UPS +0.1%) are warning some of their largest shippers that most of their capacity for the holiday season is already reserved.
“There will be days within the holiday season where the industry will be over capacity,” stated FedEx Chief Marketing Officer Brie Carere in a recent interview.
To read the full post, sourced from The Wall Street Journal, please click here.
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Source: The Loadstar