UPS is warning that its earnings will fall short for the fourth quarter of last year, mostly because the company overcompensated for the shipping woes of 2013, when it delivered a surge of last-minute packages after Christmas.
For 2014, it hired more workers and invested in more equipment than was needed to handle what turned out to be an easier Christmas shipping season. E-commerce is a bigger part of UPS’ business now, and it is also hard to forecast. Will cost-cutting hurt performance next year?
Click play above to hear more from this story
“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VABEFORE YOU GO