2019 Peak Surcharges

2019 Peak Surcharges: FedEx and UPS

FedEx Q1 2020 Earnings

FedEx Q1 2020 Earnings First quarter results were impacted by several factors: Weakening global trade and industrial production. Shift from heavier weight and faster service to lighter weight with lower price services. Ground expansion of operations to six days per week. The loss of volume from Amazon. Increased operating costs...

FedEx Announces 2020 General Rate Increases

FedEx Announces 2020 General Rate Increases FedEx Express shipping rates will increase by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%. FedEx SmartPost shipping rates also will increase....

Takeaways from the Q2-2019 UPS Inc. Earnings Call

Takeaways from the Q2-2019 UPS Inc. Earnings Call Revenue for 2nd Quarter rose 3.4% to $18.05 Billion. Total Operating Profit grew 6.3% with growth in all segments. Net Income was $1.7 Billion. Operating Margin increased 170 basis points to 8.17%. Average Daily Volume was up more than 7%. Next...

UPS Announcements

On Tuesday, July 23, 2019, UPS announced the most extensive roll-out of new customer services and capabilities in the company’s recent history. The new solutions are geared towards the small and medium sized businesses (SMBs), e-commerce, international countries and healthcare and life sciences. UPS My Choice for Business Available July...