The U.S. Postal Service is asking for an average 5.4% increase for its express-shipping products in its proposed 2020 price increases submitted Wednesday. That is a bit of good news for parcel shippers such as United Parcel Service and FedEx, which might cheer the tailwind to industry pricing. J.P. Morgan, however, thinks investors should keep […]
September 10, 2019 Effective September 30, the Postal Service will implement an improved process for shipping Cremated Remains. Currently, customers can ship Cremated Remains without visible markings. This has resulted in damage during processing and untimely deliveries. The new process for mailing Cremated Remains will enhance the shipping process and create a better experience for […]
MEMPHIS, Tenn., September 18, 2017 … FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp., will increase shipping rates effective January 1, 2018. FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx One Rate pricing will increase by an average of […]
The U.S. Postal Service started the Fiscal Year 2015 fourth quarter (July 1, 2015 – July 31, 2015) with an operating revenue increase of $66 million, or 1.2 percent, over the same period last year. The increase in operating revenue was driven by a 18.0 percent growth in shipping and package volume. The net income […]
The Postal Service Emerges as Shipping Powerhouse for Small Businesses January 22, 2015 – The other week I was reading an article about how shipping carriers fared over the holidays. FedEx and United Parcel Service were mentioned, but noticeably absent was the U.S. Postal Service. As someone who works closely with the U.S. Postal Service […]
USPS: ‘We’re ready for the rush,’ PMG says – Ready This Season The Postal Service is gearing up for the year’s busiest mailing, shipping and delivery days next week. The busiest mailing day will be Monday, Dec. 15, when employees will process an expected 640 million cards, letters and packages. On the busiest mailing day […]
It’s no secret that the United States Postal Service has been on a mission to grow its parcel business. But the rate cuts that went into effect on Sept. 7 may be one of its most aggressive moves yet. The pricing changes affect two Priority Mail offerings – Commercial Base and Commercial Plus – and […]
The coming rate hikes at UPS (NYSE: UPS ) and FedEx (NYSE: FDX ) represent a threat to the free shipping policies we’ve seen retailers expand exponentially, but a rate cut the U.S. Postal Service just won might give it a competitive advantage the delivery giants won’t be able to overcome. Shipping stuff in bigger boxes is […]
The Postal Service will introduce additional shipping and Extra Services options for customers when new Priority Mail rates take effect Sept. 7. These include an option for businesses to print and send customers return shipping labels. The Call Tag Return Service generates and delivers a return shipping label and instructions to the customer on behalf […]
The coming rate increases in ground service by FedEx and UPS have businesses scrutinizing every aspect of their parcel-shipping programs. Both companies are preparing to introduce dimensional weight pricing for all parcels in U.S. ground service — UPS on Dec. 29, 2014, and FedEx FDX +0.47% on Jan. 1, 2015. The change means that the […]