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UPS warns e-commerce volume hard to forecast, to add surcharge

2015-02-04 13:34:07| Air Courier - Topix.net

United Parcel Service Inc on Tuesday reported a disappointing peak holiday season and warned that U.S. online shopping habits are hard to predict and getting it wrong will slice into profits. "It is both hard for our customers and for us," Chief Financial Officer Kurt Kuehn told Reuters on Tuesday after UPS reported that fourth-quarter profit fell but forecast earnings within the range of estimates.

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