UPS reported a 0.4% decline in revenue in the third quarter on Tuesday, but a 3.5% increase in net profit. In a post-earnings conference callwith Wall Street analysts, executives were asked about the possible threat Amazon poses in shipping. Alex Vecchio of Morgan Read more
UPS expects a 10% increase in holiday shipments this year and predicts it will deliver over 630 million packages between Black Friday and New Year’s Eve. And 60% of those orders will be to residences vs. businesses, compared to the Read more
Online sellers are benefiting from new services and tools from third-party developers. Here’s a look at some recent developments among vendors and services in the ecommerce industry. Financing for Online Sellers (UPS and Kabbage) UPS is an early investor in Read more
Online merchants who use UPS to ship packages paid lower fuel surcharges this year, but dim-weight pricing raised the cost of shipping. That’s the news gleaned from first-quarter financial results from UPS. Both UPS and FedEx instituted what’s called dimensional weight Read more
As the U.S. Postal Service increases efforts to take business away from UPS and FedEx, UPS is asking the Postal Regulatory Commission (PRC) to require USPS to be more forthcoming with information about its competitive products. In a filing on Read more
In last month’s article, “UPS Holiday Preparedness to Cost Merchants Next Season,” we reported that UPS planned to introduce new peak holiday shipping rates. The news came as the company gave investors advance warning that it had experienced a disappointing fourth quarter Read more
It wouldn’t be the holiday season without bad weather hitting parts of the country, but checking in with shipping carriers on Tuesday, it appears things are going much more smoothly than last December when some customers did not receive their Read more
Last-minute online shopping lost some luster at the end of the 2013 holiday shopping season thanks to late deliveries caused by bad weather and high package volumes. This year, shipping carriers UPS and FedEx said they would consider declining last-minute Read more
A lot of time and money is being invested into ways to get ecommerce orders delivered into the hands of consumers. UPS began laying the groundwork for package pickup a few years ago as an alternative to at-home delivery. It’s Read more
As the USPS gets ready to lower commercial rates for Priority Mail packages next month, UPS and FedEx expressed some concerns. The Postal Regulatory Commission (PRC) referenced those concerns in its order Friday approving the rate changes to Priority Mail Read more
