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The Latest UPS Headlines
UPS hits customers with new fees for oversized packages
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<blockquote data-quote="cheryl" data-source="post: 3525401" data-attributes="member: 1"><p><a href="https://www.reuters.com/article/us-ups-prices/ups-hits-customers-with-new-fees-for-oversized-packages-idUSKCN1IO2RB" target="_blank"><strong>UPS hits customers with new fees for oversized packages - Reuters</strong></a></p><p></p><p>United Parcel Service Inc (<a href="https://www.reuters.com/finance/stocks/overview?symbol=UPS.N" target="_blank">UPS.N</a>) will begin charging an extra $150 next month to handle oversized packages and pallets, along with a new charge for packages with mislabeled dimensions, the company said on Wednesday.</p><p></p><p>The new fees add to charges UPS announced last year for oversized items and come as the world’s largest package delivery company is investing billions of dollars to expand and automate its U.S. sorting facilities.</p><p></p><p>UPS and rival FedEx Corp (<a href="https://www.reuters.com/finance/stocks/overview?symbol=FDX.N" target="_blank">FDX.N</a>) currently deliver parcels up to 150 pounds (68 kg) to a person’s doorstep. The charges are aimed at discouraging retailers from shipping heavier products that can bog down parcel sorting facilities, the company said.</p></blockquote><p></p>
[QUOTE="cheryl, post: 3525401, member: 1"] [URL='https://www.reuters.com/article/us-ups-prices/ups-hits-customers-with-new-fees-for-oversized-packages-idUSKCN1IO2RB'][B]UPS hits customers with new fees for oversized packages - Reuters[/B][/URL] United Parcel Service Inc ([URL='https://www.reuters.com/finance/stocks/overview?symbol=UPS.N']UPS.N[/URL]) will begin charging an extra $150 next month to handle oversized packages and pallets, along with a new charge for packages with mislabeled dimensions, the company said on Wednesday. The new fees add to charges UPS announced last year for oversized items and come as the world’s largest package delivery company is investing billions of dollars to expand and automate its U.S. sorting facilities. UPS and rival FedEx Corp ([URL='https://www.reuters.com/finance/stocks/overview?symbol=FDX.N']FDX.N[/URL]) currently deliver parcels up to 150 pounds (68 kg) to a person’s doorstep. The charges are aimed at discouraging retailers from shipping heavier products that can bog down parcel sorting facilities, the company said. [/QUOTE]
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