News / UPS and FedEx engage in a price tug-of-war over parcel traffic

ID 159410702 Photo: David Tonelson | Dreamstime.com

Parcel shippers may be wondering if they missed something – a report citing several parcel consultants last week highlighted sweeping discounts from FedEx and UPS that were “extraordinary in their depth and breadth”.

At last, parcel rates are following the steep decline of pricing seen in the truckload, ocean and air cargo markets. And in the soft market conditions, the two large integrators are engaged in a tug-of-war over parcel traffic.

UPS lost a large chunk ...