UPS expects its capacity spending to be 8% of revenue this year, more than the 6% to 7% of revenue that it had forecast for the coming years. "UPS Ramps Up Spending to Keep Up With Online Shoppers -Update" at 11:46 a.m. ET incorrectly said UPS expects capacity spending to be 8% to 9% of 2018 revenue, more than the 7% it had previously forecast. (Oct. 26, 2017)

 

(END) Dow Jones Newswires

October 26, 2017 13:44 ET (17:44 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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