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United Parcel Service, Inc. (NYSE:UPS) shares are trading lower on Thursday. The analyst notes that the contract between UPS and the United States Postal Service (USPS) for SurePost expired on ...
UPS SurePost is a shipping service for smaller packages that typically takes 2 to 7 days. The company used to have a contract with the Postal Service where UPS would bring these packages to the ...
U.S. Postal Service (USPS) workers will no longer deliver UPS SurePost packages after the government agency's contract with the parcel service expired this year. The International Brotherhood of ...
UPS announced SurePost surcharges effective Jan. 13 that included roughly 10% more for packages 9 pounds and under, 6–7% for packages weighing 10–70 pounds, and 62–69% for extended ...
SurePost will no longer be available for those who are living in U.S. Territories, Alaska, Hawaii or Puerto Rico, according to Supply Chain Dive, which cited the previous overview of UPS SurePost.
The analyst notes that the contract between UPS and the United States Postal Service (USPS) for SurePost expired on December 31, 2024, and it seems the two companies did not reach a new agreement.
The owner says now that the SurePost contract expired, some customers have been confused about where to have their packages sent, especially since only the Postal Service can deliver to P.O. Boxes.
UPS faces execution risks in transitioning SurePost volume, while FedEx could benefit from higher rates on deferred delivery services. JP Morgan analyst sees long-term positives for UPS but ...
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