Retail News

Higher shipping costs pressure retailers to adapt

The Wall Street Journal 10/24/2022

FedEx, United Parcel Service and the United States Postal Service are all taking prices up for parcel deliveries, forcing companies to buy trucks to make their own deliveries, charge for deliveries or extend the time for packages to arrive. None of the solutions are ideal as companies keep looking for ways to manage costs and improve profitability.

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