Tag: UPS

UPS Earnings: Investors, We Have an Amazon Problem | Barron’s

UPS Earnings: Investors, We Have an Amazon Problem | Barron’s

Keith Schoonmaker, director of industrial equities research at Morningstar, said he wasn’t surprised at the higher capex forecast since meeting surging online demand doesn’t come for free. In an email to Barron’s he said: “Even though UPS has tremendous capabilities, it didn’t have idle sorting facilities waiting for fantastic growth, and must expand to capture […]

Holiday surge comes at a cost for UPS | Seeking Alpha

Holiday surge comes at a cost for UPS | Seeking Alpha

UPS (NYSE:UPS) shows an increase of 11.2% in revenue during the holiday quarter, driven higher by a 21% jump in revenue for the supply chain/freight segment. Operating profit didn’t quite keep up with the pace of revenue growth, moving up 3.2% to $2.294B. Revenue in the U.S. Domestic segment was up 8.4% to $922M. Revenue […]

Postal Service forecasts ‘much-needed revenue’ from approved rate hike | FederalNewsRadio.com

Postal Service forecasts ‘much-needed revenue’ from approved rate hike | FederalNewsRadio.com

“Making these payments in full or in part would have left us with insufficient cash on hand to ensure that we will be able to cover our current and our anticipated operating costs, make necessary capital investments and have adequate liquidity,” Corbett said. Amid the harsh reality of the Postal Service’s financial situation, Brennan also […]

Postal Service Files For Rate Increase | The NonProfit Times

Postal Service Files For Rate Increase | The NonProfit Times

The United States Postal Service (USPS) filed notice with the Postal Regulatory Commission (PRC) for a rate increase that, if approved, would increase postage rates anywhere from 2 to 4 percent, depending the class and category of mailings. The new rates would take effect on Jan. 21, 2018 after review by the PRC. The proposal […]

FedEx will not charge extra for most holiday home deliveries | Nasdaq.com

FedEx will not charge extra for most holiday home deliveries | Nasdaq.com

FedEx’s holiday pricing strategy steps up the Memphis-based company’s battle with UPS, the world’s largest package delivery company, for a greater share of e-commerce business driven by retailers like Amazon.com Inc <AMZN.O> and Wal-Mart Stores Inc <WMT.N>. UPS and FedEx have spent billions of dollars on upgrading their networks to handle rapidly rising e-commerce package volumes, […]

4 Tips to Minimize the Impact of Shipping Surge Pricing | TotalRetail

4 Tips to Minimize the Impact of Shipping Surge Pricing | TotalRetail

Shipping costs continue to be the No. 1 reason for cart abandonment, and this new “surge charge” won’t help. There are steps you can take to minimize the impact of this new surge pricing and help you sleep at night: 1. Realize the everything in your agreement is negotiable. Standard carrier response will tell you […]

UPS, FedEx roll out pricing for ultra-short-haul delivery services | 21st Century Postal Worker

UPS, FedEx roll out pricing for ultra-short-haul delivery services | 21st Century Postal Worker

UPS Inc. and FedEx Corp. are offering a new type of pricing for deliveries within a 50-mile radius, according to a person familiar with the companies’ strategy, in a move designed to divert local “last mile” business-to-consumer traffic normally moving with the U.S. Postal Service (USPS). Short-haul shipments delivered by the two giants would fall […]

FedEx and UPS pricing models no longer match up like the old days | Logistics Management

FedEx and UPS pricing models no longer match up like the old days | Logistics Management

Martinez also noted that with this announcement FedEx did not match UPS’s rate increase, with FedEx taking a 3.9% increase on Express and International Export and Import products compared a 4.9% average for UPS, and the FedEx Ground minimum charge at $7.25 compared to UPS’s $7.32, along with the companies set to have totally different […]

UPS, following FedEx lead, shrinks threshold of dimensional pricing on parcel shipments | DC Velocity

UPS, following FedEx lead, shrinks threshold of dimensional pricing on parcel shipments | DC Velocity

Company drops divisor to 139 from 166, subjecting more parcels to costlier price formula; shipments measuring 1 cubic foot or less not affected. UPS Inc. said late Friday it will expand the volume of parcels that are priced on their dimensions rather than just their weight, a move that follows on the heels of a […]

UPS Sees 2016 Profit Rising as E-Commerce Strategy Pays Off | Bloomberg Business

UPS Sees 2016 Profit Rising as E-Commerce Strategy Pays Off | Bloomberg Business

United Parcel Service Inc.’s profit is likely to climb well beyond analyst expectations this year, helped by a new pricing strategy and the use of technology to make e-commerce more profitable. … UPS has turned to a mix of technology and new pricing methods to help make e-commerce and the broader business more profitable. A […]