UPS and FedEx Contribute to U.S. Warehouse Boom
UPS and FedEx Contribute to U.S. Warehouse Boom
SUGAR LAND--July 18, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Thanks to the growth of e-commerce in the global marketplace, warehouse space is quickly becoming a factor in the ability of the companies involved in this sector to function profitably. The big player in the room, Amazon.com Incorporated (NASDAQ:AMZN) (Seattle, Washington), has been taking steps to secure its place in the market by building more fulfillment and sorting centers in order to speed delivery times and better serve customers. Keeping pace with this growth, United Parcel Service Incorporated (NYSE:UPS) (UPS) (Atlanta, Georgia) and FedEx Corporation (NYSE:FDX) (Memphis, Tennessee) are expanding their distribution capabilities to meet the demand for faster delivery.
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