USPS Delays Parcel Price Increase
The USPS has put on hold planned pricing increases in parcel services until all pricing requests across products were approved by the PRC.
The USPS has put on hold planned pricing increases in parcel services until all pricing requests across products were approved by the PRC.
While many carrier tactics can be detrimental and costly for shippers, there are certain things shippers can do to offset the bottom-line effect.
Convenience, flexible delivery and payment options continue influence online consumers worldwide, says a new study conducted by comScore on behalf of UPS.
The increasing complexity of today’s supply chain – brought on, in large part, by the surge in omnichannel retailing – will be a key theme and topic addressed at Multichannel Merchant’s 4th Annual Operations Summit, held April 14-16 in Louisville, KY.
UPS CEO David Abney said the company will add peak season surcharges on residential deliveries to recoup network investments and improve operating results.
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%.
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.
UPS has added nearly 220,000 square feet to its European logistics operations, driven by growing demand from retail and high-tech customers.
With many consumers large and small finding that not everything Santa brought was exactly what they wanted, UPS said it expects to handle 4 million returns packages by the end of the first week in January, up 15% from 3.5 million in 2013. The company estimated this deluge of reverse logistics hit a peak of 800,000 packages on Jan. 6.
Regional carrier OnTrac, announced a new service, DirectPost, which will enable it to provide next-day and two-day ecommerce shipping at postal rates.