Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

Heurist Finance

UPS loses market share to FedEx as both logistics firms navigate shifting post-pandemic demand.

The Economist ·
FDXUPS
  • UPS and FedEx experienced a significant business surge during the pandemic-driven e-commerce boom as lockdown orders fueled high delivery volumes.
  • While both companies share similar strategies, UPS is currently falling behind FedEx in terms of market positioning.

Quotes

“For America’s biggest delivery companies, the pandemic brought a boom. To fulfil a torrent of orders from people stuck at home in lockdown, FedEx’s white lorries and UPS’s brown ones kept rumbling along America’s highways and their planes criss-crossed its skies.”— The Economist

Sources