USPS temporary price adjustments are approved by the Postal Regulatory Commission
September 9, 2021
The Postal Regulatory Commission (PRC), a concern responsible for oversight of the United States Postal Service (USPS), including oversight of rates and services, and ensuring the Postal Service meets all of its legal requirements, recently approved proposed temporary price adjustments for key USPS package products for the 2021 peak holiday season.
FedEx rolls out new Peak Season surcharges
August 18, 2021
Memphis-based global freight transportation and logistics services provider FedEx recently announced new peak surcharges and fees for its U.S. Express and Ground services and Ground International.
FedEx reports very strong FY 2022 and Q4 earnings
June 25, 2021
FY 2022 full-year revenue rose 17.6% annually, and operating income climbed 46.8% annually. For the fiscal fourth quarter, revenue rose 23% annually, and operating income headed up 278%. Earnings per share (topping Wall Street expectations of $5.02 per share) well outpaced the $1.28 per share recorded a year ago, as well as a $334 million loss.
UPS rolls out Peak Season surcharges
June 24, 2021
UPS said its goal is to ensure businesses and customers are able to meet their shipping needs while demand has increased for shipping services.
UPS set to again raise peak surcharges from China to the U.S.
October 22, 2020
After stating it would decrease COVID-19-Peak Surcharges from China mainland to the United States on October 4, global freight transportation and logistics services provider UPS said this week that those surcharges will be increasing, effective October 25. UPS originally stated its intention to implement COVID-19-related Peak Surcharges in late May.
