Postal Service plans 8% fuel surcharge as Iran war raises transport costs [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
time ever to cover soaring transportation costs for gasoline and diesel fuel, which have jumped more than 30% since the invasion of Iran by the United States and Israel nearly a month ago. Parcel shipments would be charged an 8% fee, on top of their regular transportation charge, if the fee is approved. The quasi-private agency on Wednesday sought permission from the Postal Regulatory Commission for a time-limited price adjustment on parcel shipments because of rapidly changing market prices for fuel. It would be the first time in its history that the Postal Service has applied a fuel fee, a common practice with private carriers like DHL, FedEx and UPS. The Postal Service also said that the temporary surcharge would help it transition to a permanent mechanism for imposing surcharges on competitive products to support its universal service obligation in a more financially sustainable way. Last fiscal year, the USPS lost $9 billion, with an operating loss of about $2.7 billion.
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UPS
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
- US Postal Service seeks temporary 8% price hike to address fuel costs [Yahoo! Finance]Yahoo! Finance
- Postal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges [FOX Business Network]FOX Business Network
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