UPS stock suffers biggest drop in 2 years as e-commerce surge is still causing problems - MarketWatch

UPS stock suffers biggest drop in 2 years as e-commerce surge is still causing problems - MarketWatch

Reuters

UPS stock suffers biggest drop in 2 years as e-commerce surge is still causing problems MarketWatch E-commerce business increased sharply during the peak holiday season, as many expected it would, but by a lot more than UPS had anticipated. Chief Financial Officer Richard Peretz said that the normal percentage of business-to-consumer (B2C) revenue ... Facing rising e-commerce, UPS looks to automation, higher pricesReuters Pension charge causes UPS loss, ecommerce costs cause headacheNasdaq UPS reports loss as it pumps up e-commerce investmentsYahoo News Post and Parcel -CNBC all 29 news articles »