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U.S. Postal Service plans 6% peak season surcharge for parcels
FreightWaves24d agoneutral
U.S. Postal Service plans 6% peak season surcharge for parcels

The U.S. Postal Service on Tuesday proposed surcharges for domestic package delivery during the peak holiday season to cover extra handling costs, following the lead of large parcel carriers like FedEx and UPS that annually tack on holiday premiums. The announcement adds to rising cost pressures felt by shippers this year, especially since the Iran […] The post U.S. Postal Service plans 6% peak season surcharge for parcels appeared first on FreightWaves.

A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers
Associated Press37d agoneutral
A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers

Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs. The refunds to consumers are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trumpin March 2025 under the 1977 International Emergency Economic Powers Act on goods from almost every country. The court ordered the government to return the tariffs it collected.

Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami
FreightWaves38d agoneutral
Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami

UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert. The post Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami appeared first on FreightWaves.

Carrier diversification unravels the last-mile delivery duopoly
FreightWaves52d agoneutral
Carrier diversification unravels the last-mile delivery duopoly

Consumers now expect free delivery in 2.6 days, down from 3.4. Meeting that promise pushed more than half of retailers past FedEx, UPS and the Postal Service. The post Carrier diversification unravels the last-mile delivery duopoly appeared first on FreightWaves.

Investing.com53d agoneutral
AI concerns pressure chipmakers premarket; UPS, Carrier rise

Investing.com - U.S. stock futures were mixed on Tuesday as renewed concerns over artificial intelligence spending weighed on semiconductor stocks ahead of a pivotal week featuring mega-cap technology earnings and the Federal Reserve’s latest interest rate decision.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal53d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

FedEx spreads shipping fees to EU, more zip codes
FreightWaves61d agoneutral
FedEx spreads shipping fees to EU, more zip codes

FedEx is adding a new import fee for the European Union and increasing delivery and pickup surcharges for more than 200 zip codes, as it continues to squeeze customers for revenue by means other than general rate increases. The post FedEx spreads shipping fees to EU, more zip codes appeared first on FreightWaves.

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More
24/7 Wall St.66d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More

Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS

US tariff refunds hit $50B, Outpacing tariff revenue
Yahoo Finance Video67d agoneutralVIDEO
US tariff refunds hit $50B, Outpacing tariff revenue

Yahoo Finance's Washington Correspondent Ben Weschkul joins Market Domination to discuss the growing cost of tariff refunds after the US paid nearly $50 billion to businesses in June, almost double the revenue it collected from tariffs.

FedEx and UPS face a new pricing threat from an old rival
TheStreet69d agoneutral
FedEx and UPS face a new pricing threat from an old rival

FedEx (FDX) and UPS spent half a century as the only two names that mattered in American package delivery. They built the aircraft fleets, sorting hubs and delivery routes that turned next-day shipping into a routine promise. The company that once filled those planes and trucks with its own ...