Earlier this year, UPS went after profits in urban areas, asserting surcharges of $3.95 to $5.85 on packages within 82 urban zip codes. Now, the carrier is trying to save money with the expansion of its rural deferred program.
FedEx and UPS's peak season demand surcharges will be here in two months, but not everyone will be affected in the same way. For many, peak season invoices will look like business as usual. Others will pay a far higher price.
New year. Same message. UPS and FedEx have announced their 2024 demand surcharges, and shippers should prepare for a big surprise on upcoming invoices.
With both carriers offering reliable ground options, why should anyone pay a premium for a dedicated 2-day or 3-day service if a ground option offers the same transit time?
UPS and FedEx are engaged in a battle for market share, and shippers are reaping the spoils
Can you remember the panic that led up to the year 2000? The threat of Y2K was real, and many feared catastrophic mass IT outages. Thankfully, January 1, 2000, arrived without much fanfare. July 19, 2024, however, was a different story.
Bryan Dykes to replace Brian Newman as CFO at UPS
On June 1, FedEx made the long-awaited transition to Network 2.0, an aspect of their DRIVE initiative that consolidates FedEx Express, FedEx Ground, and FedEx Services into a single air-ground network branded Federal Express Corporation.
The loss of USPS business. Merging Ground and Express. And now, a potential sale of its Freight business? It's been a big year for FedEx, and it's only July.
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