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By Michael Dabaie
UPS (UPS) said Friday it committed to hire 100,000 seasonal employees to support an anticipated increase in package volume, with the vast majority already onboard.
The delivery company said it made significant investments for new capacity and network resources for the peak holiday season this year. UPS said it opened 22 new or retro-fit automated facilities globally with between 25% and 35% higher efficiency.
UPS shares were recently down almost 3% to $105.02 on a down day for markets.
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(END) Dow Jones Newswires
December 07, 2018 14:18 ET (19:18 GMT)
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