E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming

E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming

Package shipping giants Fed Ex and United Parcel Service were simply not prepared for the e-commerce surge that accompanied the 2013 holiday season. From Dec. 24-26, virtually every news medium in the U.S. reported how FedEx and United Parcel Service (UPS) experienced significant delays which drew the ire of thousands without presents on Christmas morning.

E-Commerce Proof is in the Numbers

The shortcoming of UPS and Fed Ex should not have been a surprise considering the volume of e-commerce from Thanksgiving through Christmas jumped significantly. According to Bloomberg Businessweek, E-Commerce sales on Cyber Monday (Dec. 2) alone increased 21 percent from 2012. Bloomberg also reported, via ShopperTrak, that in-store traffic in the U.S. declined 4.2 percent in November and 12.0 percent in December compared to one year ago, further evidence that consumers are shopping online more than ever.

Fox News reported Thursday that Senator Richard Blumenthal (D, Conn.) called for UPS and Fed Ex to issue full refunds to those whose packages were stuck in the widespread delays. UPS is offering refunds on shipping charges while retail giant Amazon is also offering refunds on shipping charges as well as $20 gift cards.

Let Instabill Be Your Merchant Services Provider

With a wide range of acquiring bank partners, Instabill provides merchant accounts to e-commerce merchants worldwide. In addition to delivering reliable credit card processing solutions in many industries, we also seek to inform merchants about the latest e-commerce tips and industry news to improve their business. If you need a merchant account, look no further. Instabill is always accepting new applicants, and many qualifying merchants can begin processing payments in as little as three or four days. Simply click the button below to get started. If you require more information, you can contact us online or call 1-800-318-2713 to speak with a live representative today.

Quick Approvals

Apply Now

Leave a Reply

Your email address will not be published. Required fields are marked *