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September 19, 2014 Is UPS Making Big Money on All Those Amazon Packages? Not Quite Amazon's sales volume and its dependence on UPS have grown so great that packages from the e-commerce giant account for as much as one-third of the delivery company's residential loads, says the Wall Street Journal. But don't assume that UPS is getting rich on all this business: To provide free shipping to Prime members, Amazon has driven hard bargains with deliverers, and UPS's average revenue on each internet-related package is dropping. One former industry executive doubts UPS's margins are as high as 5%, the Journal says. SOURCE: For UPS, E-Commerce Brings Big Business and Big Problems

PREVIOUS STATS Better Teachers Receive Worse Student Evaluations People Are More Selfish and Dishonest After Doing Math If You're Feminine-Faced, You're Better Off Negotiating by Phone People's Creative Output Depends on the Initial Stimulus Your Well-Being Declines When Others Are Unemployed, and Not Because of Empathy American Wealth Gap Widens Despite Economic Recovery

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