This Holiday Crunch Starts Early With More Packages Than Means to Deliver Them - Market Screener
One holiday item that is already sold out: shipping capacity.
Both FedEx Corp. and United Parcel Service Inc. have told some of their largest shippers that most of their capacity is already spoken for, and that any extra trailers with holiday orders will have to wait to be picked up, according to shipping consultants and retailers.
"There will be days within the holiday season where the industry will be over capacity," FedEx Chief Marketing Officer Brie Carere said in an interview.
The outlook has sent retailers on the hunt for alternatives with little luck. Smaller carriers in the U.S. like LaserShip Inc. and DHL eCommerce Solutions said they booked up their capacity for the holidays months earlier than usual and aren't taking new customers until next year.
One holiday item that is already sold out: shipping capacity.
Both FedEx Corp. and United Parcel Service Inc. have told some of their largest shippers that most of their capacity is already spoken for, and that any extra trailers with holiday orders will have to wait to be picked up, according to shipping consultants and retailers.
"There will be days within the holiday season where the industry will be over capacity," FedEx Chief Marketing Officer Brie Carere said in an interview.
The outlook has sent retailers on the hunt for alternatives with little luck. Smaller carriers in the U.S. like LaserShip Inc. and DHL eCommerce Solutions said they booked up their capacity for the holidays months earlier than usual and aren't taking new customers until next year.