FedEx and United Parcel Service are escalating their rivalry, competing for parcel volume from some of their smallest customers ahead of a challenging holiday season, The Wall Street Journal reports.
The package rivals are chasing smaller customers in an effort to win market share ahead of a shorter holiday season.
UBS analyst Tom Wadewitz recently raised his price target on shares of United Parcel Service (NYSE: UPS) from $159 to $170 ...