Just as expected, UPS has had another strong 2021 quarter with shipments to residences continuing at a brisk pace, no surprise there. However revenue for home deliveries, UPS” largest market sector was somewhat weaker than some analysts had predicted. Could this be a sign on things to come; a slowdown in the economy? Only time […]
We’re not sure if parcel shippers have been getting accustomed to having their rates increased every few months, but whether they are getting used to it or not, the parcel carriers are in the driver’s seat for sure; at least for now. UPS has just announced another wave of surcharge increases, some going into effect […]
As a reminder, back in May, FedEx announced that they would be updating their Fuel Surcharge Tables to better reflect current market conditions. FedEx, as well as all other freight carriers adjust their Fuel Surcharge percentages on a weekly basis as the price of fuel fluctuates. This amendment to FedEx’ Fuel Surcharge Tables will officially […]
The US Postal Service has reported total revenue of approximately $18.9 billion for the second quarter of fiscal 2021. This represents an increase of approximately $1.1 billion, or 6% compared to the same quarter last year. As a result of the Covid-19 pandemic, as well a continuing decrease in mail volumes, the Postal Service’s sales […]
The United States Postal Service announced on April 27th that it will resume its Network Consolidation efforts that were suspended back in 2015 after outcries from mailers and consumers that service would suffer from more cutbacks. The movement of mail processing operations at 18 postal facilities was previously paused in 2015. Those select moves will follow […]
Amazon reported its best first quarter financial results ever with its earnings more than tripling the company’s results from the first quarter of 2020. While comparing first quarter 2020 financial results with first quarter 2021 financial results is like comparing apples and oranges when it comes to on-line retail sales, Amazon’s financial results are still quite […]
