NY Attorney General Scrutinizes UPS Rate Hike

[cheryl]

NY Attorney General Scrutinizes UPS Rate Hike - EcommerceBytes

UPS posted its best year ever in 2021 and announced substantial price hikes in 2022, according to the New York Attorney General's office. It is not unusual for regulators to go after manufacturers and retailers, but the NY AG is including shipping firms as part of her investigation into possible "price gouging and pandemic profiteering" announced on Friday.

Online sellers may be wary of investigations into price gouging after some were targeted for raising prices of essential goods in the early days of the pandemic. They may feel they should be able to price their products as they see fit, even for items like face masks and hand sanitizer during a global health crisis.

On the other hand, sellers may welcome scrutiny of shipping carriers' pricing practices. UPS and FedEx have been accused of raising rates in lockstep for many years. Both instituted fuel surcharges, and both generally hike rates by about 5% each January.

 

[Est.1998]

Wait until they see the change this year with the increase of fuel prices

 

[IVE GOTTA PACKAGE 4U]

Well that's what happens to you raise it over then 50%

50 bucks an hour for rpcd drivers are we are going to walk

 

[Commercial Inside Release]

Is UPS gearing up to pay us more? Or, is it trying to make a rainy day fund, in case a strike happens?
Whatever is going on with Roadie might give us a hint.

Roadie

 

[Commercial Inside Release]

Maybe the Teamsters should invest in Roadie, give us the proceeds while we strike.

 

[PASinterference]

Roadie can't run my route. GPS is useless. Unlike most, I don't update gps maps on road closures or roads that haven't existed in 20 years. Runner cover drivers hate when I'm off, better invest in a flashlight.

 

[Wally]

This comes from the narrative Dems are trying to sell that inflation is being caused by evil corporations and not from them.

Notice how these clowns will never scrutinize government spending?

 

[IVE GOTTA PACKAGE 4U]

Wait until they see the change this year with the increase of fuel prices

$5 gallon gas

 

[RMR46]

NY Attorney General Scrutinizes UPS Rate Hike - EcommerceBytes

UPS posted its best year ever in 2021 and announced substantial price hikes in 2022, according to the New York Attorney General's office. It is not unusual for regulators to go after manufacturers and retailers, but the NY AG is including shipping firms as part of her investigation into possible "price gouging and pandemic profiteering" announced on Friday.

Online sellers may be wary of investigations into price gouging after some were targeted for raising prices of essential goods in the early days of the pandemic. They may feel they should be able to price their products as they see fit, even for items like face masks and hand sanitizer during a global health crisis.

On the other hand, sellers may welcome scrutiny of shipping carriers' pricing practices. UPS and FedEx have been accused of raising rates in lockstep for many years. Both instituted fuel surcharges, and both generally hike rates by about 5% each January.

 

[RMR46]

How much of a raise in pay does the attorney general get New York in the retirement he gets plus with their raping everybody in New York in Taxes