UPS announces new peak charge applicable during U.S. holiday season
UPS announced a new peak charge applicable during selected weeks in November and December 2017 for U.S. Residential, Large Packages and packages Over Maximum Limits. "The new charge is designed to enable UPS to continue to provide best-in-class value to customers while offsetting some of the additional expenses incurred during significant volume surges...To meet peak volume demand, among many other investments, UPS acquires on a temporary basis and often at shorter-term premium rates, additional air and truck cargo capacity, temporary facilities, and additional sorting and delivery personnel. Further, shipments which are larger, heavier, or have unconventional shapes or sizes create even greater operational complexity during high-demand periods," the company stated.