UPS Pays Price for December’s Online Shopping Surge

UPS Pays Price for December’s Online Shopping Surge

UPS today proved there’s no such thing as free online shipping. The parcel giant lowered its earnings expectation for the full year to $4.57 a share from a previous prediction of $4.65 to $4.85 a share, citing the unexpected surge in last-minute online shopping orders in a compressed holiday peak season.

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