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UPS 2019 Rate Increase of 4.9% Given 3 Weeks Before Effective Date

| Mike O'Brien

Less than three weeks before the new prices take effect the day after Christmas, UPS announced its 2019 rate schedule, including an overall increase of 4.9% for its ground, air and international services, leaving shippers scrambling to adapt at the busiest time of year. See what charges went up and what it means.

U.S. Postal Service, USPS, UPS, Parcel Select, shipping and delivery

U.S. Postal Service Again Posts Parcel Gains, But Overall Loss

| Mike O'Brien

The U.S. Postal Service reported operating revenue of $17.7 billion in Q2, up $788 million or 4.7% from 2015. The increase was primarily due to an 11.4% gain in shipping and package volume and pricing changes. While the USPS keeps posting double-digit parcel gains, it continues to drown in pension-driven red ink, with a $2 billion quarterly net loss, up from $1.5 billion a year ago.