SCD: UPS, FedEx fuel surcharge hikes to heat up delivery prices
SUPPLY CHAIN DIVE reports: FedEx and UPS’ index-based fuel surcharges are adjusted weekly based on prices ...
Here is a supply chain story that made it into the pages of national newspapers – mainly due to the sheer volume of business, particularly by Amazon, in the run-up to Christmas: UPS missed some deliveries. That was despite hiring 85,000 additional workers – 30,000 more than it had originally planned for. Nonetheless, revenue rose 2.8% although fell by 5.8% in its freight and supply chain division.
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