UPS move pressures retailers

[cheryl]

UPS move pressures retailers - Fox Business

Retailers are contending with a new challenge as this year's holiday shopping season heats up: extra shipping fees during the busiest weeks.

United Parcel Service for the first time is tacking on a surcharge on packages shipped to homes around Black Friday and the week before Christmas, hoping to convince companies to send their orders outside those peak periods -- or to make more money from ones that must be delivered then.

The surcharge has prompted e-commerce retailers large and small to consider other delivery options, such as FedEx or the U.S. Postal Service, passing the additional costs to their customers, or delaying shipments to cheaper times.

 

[zubenelgenubi]

Business 101, when you have more work than you can handle, you raise your rates. Should have been happening all along.

 

[Operational needs]

Hopefully, FedEx will do the same.

 

[TearsInRain]

Hopefully, FedEx will do the same.

they'll take the money and roll the work because lol who cares it's not christmas yet, only that last week matters for the news stories going into 2018

 

[Operational needs]

they'll take the money and roll the work because lol who cares it's not christmas yet, only that last week matters for the news stories going into 2018

Very true. And companies are already advertising last minute shipping and deliveries.

 

[brownIEman]

Hopefully, FedEx will do the same.

Fedex announced it would not be charging a peak surcharge right after UPS announced that they would.

 

[upschuck]

How much is the surcharge?

 

[UpstateNYUPSer(Ret)]

How much is the surcharge?

Roughly 5%.

 

[upschuck]

Roughly 5%.

Abiut what the price increase is, interesting.