UPS sees nine-month revenues grow on strong pricing environment
UPS has reported a 9.2% upturn in revenues for the nine months to September, with ...
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
ZIM: TAKING PROFITXPO: CPI BOOSTMAERSK: WINNERCHRW: TOP 'QUANT' PICKGXO: KEY EXEC OUTAAPL: 'MUSK RISK'EXPD: SELL-SIDE BEAR UPS TARGETUPS: SLIDINGZIM: SURGING ON TAKEOVER TALKEXPD: CASHING INCHRW: INSIDER SALEFWRD: TRADING UPDATE
It’s not just airlines that are moving to a volumetric pricing system for freight. FedEx and UPS have introduced it in their ground express products as well. While many see it as a way for carriers to maximise more revenues, this article argues that shippers could benefit if it leads to culture change – inculcate the practice of putting more into less and freight spend could actually decrease: “Rather than continue to ship orders in over-sized boxes with air pillows and peanuts to fill the void, shippers would right size their packages to lower their shipping costs.”
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