Fedex and UPS Raise Their Shipping Rates - Investopedia
Oil falls and shipping rates rise. Unfortunately this is the reality we live in, where both Fedex Corp (FDX) and United Parcel Service Inc (UPS) charging more for delivery in a period of low gas prices. Fedex announced their rate increases yesterday after market close; UPS announced rate increases earlier this month. The increases, which were expected, will take effect in January 2017.
Oil falls and shipping rates rise. Unfortunately this is the reality we live in, where both Fedex Corp (FDX) and United Parcel Service Inc (UPS) charging more for delivery in a period of low gas prices. Fedex announced their rate increases yesterday after market close; UPS announced rate increases earlier this month. The increases, which were expected, will take effect in January 2017.