In the past two weeks, UPS Inc. (NYSE:UPS) then FedEx Corp. (NYSE:FDX) imposed what both referred to as “temporary” surcharges on a portion of their U.S. residential deliveries to offset higher costs related to the coronavirus outbreak. When, and how, they lift the surcharges is another matter.
One expert who sees the surcharges becoming a permanent fixture is Glenn Gooding, president of consultancy iDrive Logistics and a 21-year veteran of the revenue management wars at UPS. Gooding said last...
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