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Stock impact report

UPS is hitting customers with late fees and collection threats as they contest tariff bills [Business Insider]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in UPS is issuing late fees and threatening collection to some consumers over unpaid tariff bills. The customers are disputing tariff bills with UPS for international packages sent to them. UPS' shipping into the US has gotten chaotic since the end of the de minimis exemption in August. First came the unexpected tariff bill , then came the surprise late fee. Oregon father Evan Scheessele told Business Insider he ordered a German analog computer kit for his son's birthday present, only to be hit with a 250% tariff when UPS deemed it to be made entirely of copper and, somehow, entirely of Russian aluminum The charges meant UPS expected Evan's son — named as the intended recipient — owed about $1,400 in duties on a parcel worth $550 in order to complete the shipment, according to invoices and shipping updates viewed by Business Insider. Schee Show less Read more
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