UPS is getting "ready to rock and roll" in order rev up for a 60 percent increase in shipping expected over the holiday season, CMO Kevin Warren told Cheddar Tuesday.
On Thanksgiving Day alone, almost 40 million people are expected to shop. The National Retail Federation, a trade group, said holiday retail sales could reach as much as $730.7 billion. After shoppers take advantage of retailer sales, shipping companies like UPS have to transport goods from buyer to seller.
"Normally, on average, we do about 20 million packages a day … but during the peak season, peak up to about 32 million," Warren said.
Warren said the company has to scale up in terms of technology and manpower to take on the influx of orders.
Though UPS has to focus on getting orders out and delivering them on time, the company is also investing in new technology to stay ahead of the curve, Warren said.
In addition to speeding up ground shipping and offering extended weekend hours to handle the holiday shopping, UPS is developing better ways to use sensors and data analytics. With new sensor technology, Warren said the company will be able to track packages that are "time-sensitive," such as medicine
UPS also obtained the FAA's first full approval for drone deliveries in early October. Last month, the company completed its first successful drone delivery of a medical prescription from a CVS. Warren says the company plans to launch the new service next year.
Thanksgiving travel is set to smash records as millions fly, drive, and ride despite FAA disruptions and economic uncertainty. Here’s what you need to know.
AI, BNPL and new digital tools are reshaping holiday shopping. PayPal’s Michelle Gill shares survey insights, tech trends, and tips for smarter spending in 2025
'The Chair Company' blends sharp satire with workplace conspiracy. Lake Bell joins us to talk its corporate themes, quirky characters, and why viewers love it!
Nvidia smashes earnings with record-breaking revenue and soaring Blackwell demand as shares slip this morning, Barron’s senior writer Adam Levine unpacks it all
Jeff Wagoner, CEO of Outrigger Hospitality Group, discusses the company’s coral preservation initiatives and sustainable practices at their hotels and resorts.
Dena Jalbert, Head of M&A at Align Advisory, discusses the state of mergers and acquisitions in 2025 and beyond, highlighting key trends and opportunities.
Kim Perell, author and entrepreneur, shares actionable tips and tricks to help current and aspiring entrepreneurs kick off 2026 with confidence and momentum.