UPS (UPS +0.4%) forecasts a "solid" holiday shipping season, with volume during the hectic week...

|By:, SA News Editor

UPS (UPS +0.4%) forecasts a "solid" holiday shipping season, with volume during the hectic week before Christmas up 6.2% Y/Y; it also says it will boost seasonal hiring 10% to 55,000 temporary employees. Two weeks ago, FedEx (FDX -0.7%) said its package volume between Thanksgiving and Christmas should rise 12% Y/Y.