While established companies and recent start-ups promising same-day delivery are getting a lot of media air time these days, UPS Chief Financial Officer Kurt Kuehn predicts even faster growth for shippers who wait just a little longer.
“Same day is not new. Courier services have been doing that in metro areas for a long time,” said Kuehn, who appeared on CNBC’s Squawk Box as a part of the network’s Global CFO Council series. “We think rather than same-day delivery, the big push will be local next-day delivery. We see (next day) as a much bigger force over time than the limited same day deliveries.” Read More »