Holiday Crunch Starts Early With More Packages Than Means to Deliver Them
FedEx, UPS and smaller carriers turn away customers as they brace for surge of online orders
One holiday item is already sold out: shipping capacity.
Both Fedex and UPS 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 final safety valve is the U.S. Postal Service, whose finances and network have been stretched during the coronavirus pandemic and could come under more pressure if shippers dump their overflow orders into the agency’s network.