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UPS adding Sunday delivery next year, joining rival FedEx

blank - UPS adding Sunday delivery next year, joining rival FedEx

(Reuters) – United Parcel Supplier Inc (UPS.N) up coming 12 months will be portion of rival FedEx Corp (FDX.N) in including Sunday provide answers, endeavours witnessed as bids to fend off consumer-turned-competitor Amazon.com Inc (AMZN.O).

Atlanta-dependent package deal deal shipping business UPS reported on Tuesday it will begin Sunday Ground deliveries on Jan. one for buyers in the United States. UPS Categorical now delivers significant well being care and other larger-well worth shipments on Sunday.

UPS also will beef up its weekend solutions by dispatching more motorists on Saturdays, it stated.

Buyers are hunting for seven-functioning day delivery and much more swiftly solutions, spokesman Steve Gaut explained.

Executives from UPS and FedEx commonly have claimed that they are not under menace from Amazon’s escalating land, air and sea logistics network. A amount of authorities and analysts who adhere to the suppliers disagree.

FedEx in June declined to renew its U.S. Categorical air delivery deal with Amazon. FedEx reported Amazon accounted for substantially much less than one.three% of FedEx’s revenue final 12 months.

Cowen & Co analysts a quick when in the past believed that Amazon contributes about 10% of complete revenue at UPS.

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