Peak season pain looms for FedEx, UPS shippers

For FedEx Corp. (NYSE:FDX) and UPS Inc. (NYSE:UPS), the demand iron has rarely been hotter. So it makes perfect sense to strike their shippers as often as possible.

With holiday demand, especially from e-commerce, expected to surge by as much as 50% over the 2019 peak, the companies are hitting their largest customers with big-time surcharges that take effect in November. But the purple and brown hammers aren’t stopping there. According to Rob Martinez, founder and co-CEO of parcel consultancy...

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