UPS CEO Says Holiday Shipping Demand Outlook Is Strong
CEO Carol Tomé said U.S. consumers remain resilient and cited industry forecasts for holiday online retail sales to increase approximately 9% from last year.
U.S consumers remain resilient, and the outlook for holiday demand is strong, United Parcel Service CEO Carol Tomé says on a call with analysts. "Industry forecasts for holiday online retail sales projected an average increase of approximately 9% compared to last year," she says. "A little over 100…