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The Clark Howard Podcast

12.8.20 Christmas shipping is getting messy; Covid is changing college in a big way

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 8 December 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

There's a shipping logjam and it doesn't bode well for getting the Christmas presents you've ordered at your doorstep on time. Colleges across the country are having to cut costs in a big way - including letting longtime professors go. Want more money advice? Sign up for Clark’s free daily newsletter! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by SAP Concurs.

0:04.0

In this economic climate, every business spending moment matters.

0:08.0

There's no room for risks, overspending and inefficiency.

0:12.0

SAP Concurs solutions take you beyond basic automation to help you increase your cash flow,

0:17.0

not your concerns.

0:18.0

Allowing you to settle employee expenses and invoices efficiently and effectively,

0:23.0

reduce financial risk and save time.

0:26.0

Visit concurs.co.uk to learn more.

0:30.0

It's my pleasure to welcome you to the Clark Howard Show,

0:39.0

where it's all about you learning ways to save more and spend less.

0:43.0

And don't only whenever rip you off, so got a hit with you was something that we started talking about back in October.

0:52.0

And that is, there was a train wreck coming for Christmas shopping.

0:58.0

This year, so many people buying gifts online that would normally buy in a store,

1:06.0

that it's completely overwhelmed the package delivery infrastructure,

1:12.0

especially at FedEx and UPS.

1:16.0

The Postal Service doing its thing is best it can, but hey,

1:20.0

the reality is there's just way too many packages for the sorting capacity of these package delivery giants.

1:30.0

And for personnel to be trained and get it done.

1:35.0

In fact, there's a report today that there's now seven million more packages scheduled for delivery each day,

1:45.0

then FedEx and UPS have any ability to deliver for this Christmas season.

1:52.0

That's why, I don't know if you've heard this,

1:55.0

but the package delivery services are now refusing pickups at a lot of major retailers

...

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