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Third time's a charm for UPS at Christmas, but FedEx stumbles

2015-12-29 20:53:35| Air Courier - Topix.net

Dec 29 After two consecutive years of problems during its holiday peak package season, UPS delivered on time at Christmas this year while its main rival FedEx had a last-minute stumble that left some gifts undelivered until after the holiday. "It seems like the third time's a charm for UPS," said Kent Winegar, portfolio manager at Austin, Texas-based Terry McDaniel & Co, which manages assets of around $900 million and holds nearly $15 million in UPS stock.

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