UPS Raises Fees on Oversized Packages
16 Octobre 2015 - 1:20AM
Dow Jones News
United Parcel Service Inc. will charge more to ship larger and
heavier packages this holiday season and plans to charge a fee for
packages that are billed to a third party as it moves to recoup
some of the higher costs of handling the larger shipments that are
causing delivery logjams.
On Thursday, UPS said as of Nov. 2 it will charge an additional
$52.50 for those larger and heavier packages and raise fuel
surcharges to 5.25%, from 4.75%, for ground shipping and to 4.50%,
from 3%, for air and international shipping.
Currently, UPS charges $57.50 for oversize packages.
UPS has struggled to meet demand—and delivery dates—during the
most recent holiday seasons. In 2013, an unexpected surge of online
orders overwhelmed its system. Last year, it over-prepared and
productivity plummeted.
This time, UPS approached retailers over the summer, alerting
them that it planned to charge more for those packages and lower or
eliminate discounts and waivers on those extra charges that had
been negotiated, typically based on volume assumptions.
As of Dec. 28, UPS will also raise shipping rates and so-called
accessorial rates, extra charges for handling hazardous materials,
for example.
And on Jan. 4, it will start charging a 2.5% service fee to
packages that are billed to someone other than the shipper or
recipient.
Shares, down nearly 7% this year, edged up 0.19% to $104 in late
trading.
Write to Maria Armental at maria.armental@wsj.com and Laura
Stevens at laura.stevens@wsj.com
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(END) Dow Jones Newswires
October 15, 2015 19:05 ET (23:05 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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