UPS Making Big Bet On Holiday Season (UPS)

Despite the doldrums on Wall Street today, UPS UPS is making a big bet on the holiday season, as it hires more than 50,000 workers to handle the influx of packages for the holiday season. UPS said it expects to handle 430 million packages between Thanksgiving and Christmas, with its busiest day being December 22. Shares of UPS are off 50 cents to $67.57, a drop of 0.73%.