Amazon adds seller surcharge as oil spike from Iran tensions drives logistics costs higher [Yahoo! Finance]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Yahoo! Finance
The company said it will begin charging a 3.5% "fuel and logistics-related surcharge" on sellers who use its fulfillment services starting April 17 in the U.S. and Canada, citing higher transportation and shipping expenses. The move follows a sharp rise in oil prices, which are increasing costs across global supply chains. West Texas Intermediate crude topped $111 on Friday, while global benchmark Brent crude was around $109 per barrel, as investors assessed how long the conflict could disrupt shipments through the Strait of Hormuz – a critical global oil chokepoint. Congressional Report Details How China Buys Sanctioned Oil From Iran, Russia And Venezuela Amazon told FOX Business that the surcharge is designed to offset "elevated costs in fuel and logistics." The company noted it had absorbed those increases until now but is aligning with a broader industry shift toward passing through higher expenses. Amazon And Delta Partner To Launch Faster In-flight Wi-fi Read On The F
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- 'It's killing everything.' California's truckers are buckling under country's priciest diesel [Yahoo! Finance]Yahoo! Finance
- ‘It's killing everything.' California's truckers are buckling under country's priciest diesel [Los Angeles Times (CA)]Los Angeles Times
- Why United Parcel Service (UPS) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- United Parcel Service (UPS) had its price target lowered by Citigroup Inc. from $120.00 to $118.00. They now have a "buy" rating on the stock.MarketBeat
- Amazon Imposes 3.5% Fuel Surcharge as Energy Costs Rise [Yahoo! Finance]Yahoo! Finance
UPS
Earnings
- 1/27/26 - Beat
UPS
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/25/26 - Form DEFA14A
- 3/19/26 - Form ARS
- UPS's page on the SEC website