Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges [FOX Business Network]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: FOX Business Network
The U.S. Postal Service is reportedly planning to impose a fuel surcharge on package deliveries for the first time in the agency's history amid surging fuel costs. The Wall Street Journal reported that the Post Service is planning an 8% surcharge beginning in April and that the agency plans to phase it out in January 2027, according to two people familiar with the matter. According to the report, the fuel surcharge will only apply to packages and won't affect letter mail. The move comes as both FedEx and UPS have longstanding fuel surcharges that have been increased in recent weeks as oil prices surged due to the Iran war disrupting oil flows from the Middle East. Diesel prices have surged to $5.366 a gallon as of Wednesday, up from $3.749 a month ago, an increase of more than 43% in that period. The Postal Service has faced long-term financial challenges, and Postmaster General David Steiner told Congress earlier this month the agency is on pace to run out of cash in less
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News
- US Postal Service Plans 8% Fuel Surcharge As Iran War Raises Transport Costs [zero hedge]zero hedge
- 3 Value Stocks with Open Questions [Yahoo! Finance]Yahoo! Finance
- USPS 8% Surcharge Could Hit Small Businesses and Shoppers Alike [CNET News]CNET News
- Postal Service plans 8% fuel surcharge as Iran war raises transport costs [Yahoo! Finance]Yahoo! Finance
- US Postal Service seeks temporary 8% price hike to address fuel costs [Yahoo! Finance]Yahoo! Finance
UPS
Earnings
- 1/27/26 - Beat
UPS
Sec Filings
- 3/25/26 - Form DEFA14A
- 3/19/26 - Form ARS
- 3/19/26 - Form DEFA14A
- UPS's page on the SEC website