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The Latest UPS Headlines
FedEx Will Shun Most Home Holiday Fees, Unlike UPS
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<blockquote data-quote="cheryl" data-source="post: 3001757" data-attributes="member: 1"><p><strong>FedEx Will Shun Most Home Holiday Fees, Unlike UPS - Bloomberg</strong></p><ul> <li data-xf-list-type="ul">Package-delivery giants plan differing approaches to pricing</li> <li data-xf-list-type="ul">Jump in online shopping fuels shipment of more oversized goods</li> </ul><p></p><p>FedEx Corp. will forgo most holiday surcharges on home deliveries this year, drawing a contrast with plans for stepped-up fees at United Parcel Service Inc. amid a surge in online shopping.</p><p></p><p>Additional holiday charges will only be applied to packages that are big or bulky enough to require special handling, FedEx said in a statement Thursday. UPS’s extra levies will bump up the cost of residential deliveries by about 3 percent.</p><p></p><p>The divergent fee structures represent sharply different approaches at the couriers, which have been contending with a rush of home deliveries as e-commerce continues to expand. FedEx may be able to woo small businesses or individual shippers away from UPS, where they’d have to pay the extra fee, said Kevin Sterling, a Seaport Global Holdings analyst.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3001757, member: 1"] [B]FedEx Will Shun Most Home Holiday Fees, Unlike UPS - Bloomberg[/B] [LIST] [*]Package-delivery giants plan differing approaches to pricing [*]Jump in online shopping fuels shipment of more oversized goods [/LIST] FedEx Corp. will forgo most holiday surcharges on home deliveries this year, drawing a contrast with plans for stepped-up fees at United Parcel Service Inc. amid a surge in online shopping. Additional holiday charges will only be applied to packages that are big or bulky enough to require special handling, FedEx said in a statement Thursday. UPS’s extra levies will bump up the cost of residential deliveries by about 3 percent. The divergent fee structures represent sharply different approaches at the couriers, which have been contending with a rush of home deliveries as e-commerce continues to expand. FedEx may be able to woo small businesses or individual shippers away from UPS, where they’d have to pay the extra fee, said Kevin Sterling, a Seaport Global Holdings analyst. [/QUOTE]
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