Correction to UPS Ramps Up Spending Story

UPS expects its capacity spending to be 8% of revenue this year, more than the 6% to 7% of revenue that it had forecast for the coming years. "UPS Ramps Up Spending to Keep Up With Online Shoppers -Update" at 12:01 p.m. ET incorrectly said UPS expects capacity spending to be 8% to 9% of 2018 revenue, more than the 7% it had previously forecast. (Oct. 26, 2017)

(END) Dow Jones Newswires

October 26, 2017 13:44 ET (17:44 GMT)