The holiday season should be full of good cheer for UPS (UPS Quote) and FedEx (FDX Quote).
Both shippers are expected to benefit from the growth of online retailing, which is outpacing traditional retail sales. Most Web sites rely on the two big shipping companies to get goods to customer doorsteps. What's more, early indications of retail sales in general are robust -- with the notable exception of Wal-Mart (WMT Quote) -- which should also boost business, as some consumers send brick-and-mortar purchases via UPS and FedEx.
Online retail spending for the day after Thanksgiving, called "Black Friday" by retailers, jumped 41% from last year, according to comScore Networks, a Reston, Va., company that tracks Internet activity. That's well ahead of Friday's 11% increase for brick-and-mortar stores monitored by ShopperTrak of Chicago, even though experts viewed ShopperTrak's numbers as strong. ...
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