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FedEx, UPS can’t get enough vans to keep up with delivery rush

(Bloomberg)—FedEx Corp. and United Parcel Service Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that’s cutting into profits during a record surge in package volumes. Urged by the couriers to purchase any vans they can scrounge up, leasing companies are dipping into the used market. Added demand in the […]

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