FedEx Hike in Ground Rates Could Boost Business for U.S. Postal Service - Forbes
FedEx Corp.’s recent decision to incorporate package size in the pricing of its ground service will result in a significant boost in shipping costs – but it could also open up competitive opportunities for the U.S. Postal Service.
Industry observers expect UPS to follow suit, although the company has yet to make an announcement to that effect. “UPS reviews its pricing on an annual basis,” it said in a statement. “This includes base rates and accessorials. We continually evaluate our policies to remain competitive in the industry. Our focus is on being fairly compensated for the value we provide to our customers.”
FedEx Corp.’s recent decision to incorporate package size in the pricing of its ground service will result in a significant boost in shipping costs – but it could also open up competitive opportunities for the U.S. Postal Service.
Industry observers expect UPS to follow suit, although the company has yet to make an announcement to that effect. “UPS reviews its pricing on an annual basis,” it said in a statement. “This includes base rates and accessorials. We continually evaluate our policies to remain competitive in the industry. Our focus is on being fairly compensated for the value we provide to our customers.”
