FedEx and UPS add 'China fee' ahead of the end of de minimis
In the final weeks before US de minimis exemption for parcels from China ends, UPS ...
UPS has enjoyed a “significant” rise in profits as it managed a good performance in the peak season ? in contrast to previous years. Revenue in the quarter rose 1% to $16.1bn from $15.9bn a year earlier, while on a currency neutral basis it rose 2.4%. It made 1.8% more package deliveries in the fourth quarter, over 2015. Its supply chain and freight division profit saw a rise of 11% to $199m. Europe led the way in helping the company achieve ...
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