UPS To Add Peak Season Surcharges, Seeking to Offset Operating Costs
UPS CEO David Abney said the company will add peak season surcharges on residential deliveries to recoup network investments and improve operating results.
UPS CEO David Abney said the company will add peak season surcharges on residential deliveries to recoup network investments and improve operating results.
Megan J. Brennan officially becomes the 74th Postmaster General and CEO of the U.S. Postal Service on Feb. 1, succeeding Patrick R. Donahoe.
Effective Feb. 2, UPS raised its fuel surcharge rates for ground and air services, as did rival FedEx.
Jet.com, a disruptive startup based in Montclair, NJ, is going after Amazon by taking a new approach that allows sellers to undercut the ecommerce giant on price by using a system that finds and exploits cost efficiencies in the ecommerce fulfillment process.
By lifting a restriction that required all items in an order to come from the same seller to qualify for free shipping, Amazon has more than tripled the number of items that qualify for the benefit.
As it continues to battle UPS, FedEx and DHL for a larger slice of the ecommerce shipping pie, the USPS has asked the PRC to keep its competitive Priority Mail rates unchanged for domestic delivery while raising Parcel Select – the primary last-mile option of the major carriers – by 8%.
While not packing the wallop that forecasters had been predicting, winter storm Juno nonetheless was bad enough to put a serious crimp in the shipping operations of major carriers in the Northeast.
As it lowered guidance on its earnings for Q4 and fiscal 2015, UPS also talked about possible adjustments to its peak season pricing later this year.
While overall return rates are not increasing dramatically, they are on the rise, forcing ecommerce merchants to optimize their supply chain squeeze as much value as they can out of returned merchandise.
A listing of some recently announced distribution center expansions and additions in retail and direct-to-consumer operations.