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UPS targets lucrative e-commerce returns, health care with acquisitions

The world’s biggest parcel delivery firm on Wednesday announced an agreement to buy Happy Returns from PayPal

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UPS targets lucrative e-commerce returns, healthcare with acquisitions

United Parcel Service on Thursday said it is spending more than $1 billion this quarter to buy two companies it hopes will bolster profit and volumes amid bare-knuckled market share battles with delivery rivals like FedEx. The world's biggest parcel delivery firm on Wednesday announced an agreement to buy Happy Returns from PayPal, a deal that came roughly a month after it signaled its intent to purchase healthcare specialist MNX Global Logistics. UPS, FedEx, Amazon.com and regional delivery providers are grappling to hold and gain share of a shrinking pool for deliveries.

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UPS targets lucrative e-commerce returns, healthcare with acquisitions

UPS targets lucrative e-commerce returns, healthcare with acquisitions
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United statesLisa baertleinAlan amlingLos angelesUnited parcel service onFedex officeUniversity of tennessee global supply chain instituteParcel serviceHappy returnsHappy returnGlobal supply chainBill berkrot

Some part-time UPS workers say historic contract falls short

Union head Sean O'Brien called the part-time majority "unsung heroes." Some part-timers want more dollars and less sentiment.

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How a UPS strike would impact your deliveries

If the strike goes on longer than a month, one expert predicts consumers will start seeing surcharges and other type of rate increases on products.

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