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Tag: volume

UPS forecasts record holiday returns volume, with two big spikes

Get great content like this right in your inbox. Subscribe A new forecasts predicts the two busiest days of holiday returns. UPS projects that holiday returns will peak on January 2, 2020, dubbed “National Returns Day” by the shipping giant, with 1.9 million returns taking place. The volume represents a 26% increase from last year’s peak …

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Alibaba sees trillion-dollar volume potential in China

Chinese online retail giant Alibaba is not done growing. The e-commerce platform’s parent company, Alibaba Group Holding Ltd., said it aims to serve over 1 billion annual active consumers and achieve over $1.4 trillion in annual gross merchandise volume through its China consumer business by the end of fiscal 2024. The company’s China consumer business …

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