UPS Plan to Tweak Peak Prices May Echo Uber-Like Fare Surges - Bloomberg
Getting the latest iPad delivered to your home next holiday season may cost more if United Parcel Service Inc. imposes surge pricing akin to car-booking company Uber Technologies Inc., which hikes fares as demand soars.
UPS will “implement new pricing strategies during peak season,” David Abney, chief executive officer of the world’s biggest package delivery company said today. After hiring 95,000 seasonal workers to address demand spikes, the Atlanta-based company found it had more workers than package volume on some days during the recent shopping period.
Getting the latest iPad delivered to your home next holiday season may cost more if United Parcel Service Inc. imposes surge pricing akin to car-booking company Uber Technologies Inc., which hikes fares as demand soars.
UPS will “implement new pricing strategies during peak season,” David Abney, chief executive officer of the world’s biggest package delivery company said today. After hiring 95,000 seasonal workers to address demand spikes, the Atlanta-based company found it had more workers than package volume on some days during the recent shopping period.