Constant changes to FedEx surcharges tests B2C shippers' patience
In a move unlikely to endear itself to customers, FedEx has tweaked its surcharges yet ...
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
FedEx and UPS are to award themselves pay rises again with new handling charges for certain package sizes. Last week, FedEx added a surcharge on large packages, swiftly followed by a similar measure by UPS. As the two companies leading the market in the US, “they did it because they can” a source told Logistics Management. Do two similar announcements, within days of each other, by two hugely profitable companies in a near duopoly, amount to price signaling though?
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