FedEx, UPS See Delivery Van Shortage Amid E-Commerce Rush

Written By: Merchants Fleet

“FedEx Corp. and United Parcel Service Inc. are running into a shortage of delivery vans during a record surge in package volumes. …

‘If there’s a cargo van out there, we’re trying to buy it,’ said Brendan Keegan, chief executive officer of Merchants Fleet, which provides vehicles to package delivery companies. It expects to have 15,000 vans out for lease at year-end, up from 6,000 a year earlier.”

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