UPS ends its SurePost agreement with USPS, shifting package deliveries back to UPS drivers and changing delivery processes.
On January 1, the SurePost relationship between Atlanta-based global freight transportation and logistics services provider UPS and the United States Postal Service (USPS) officially came to an end, ...
The analyst notes that the contract between UPS and the United States Postal Service (USPS) for SurePost expired on December 31, 2024, and it seems the two companies did not reach a new agreement.
UPS SurePost packages are now being delivered by UPS drivers only, rather than a large portion of those parcels going to the U.S. Postal Service, a Teamsters union spokesperson told Supply Chain Dive.
Investor awareness of the SurePost transition started off low but increased throughout the day on Friday, culminating in an official announcement by UPS that SurePost was in-sourced effective ...
UPS faces execution risks in transitioning SurePost volume, while FedEx could benefit from higher rates on deferred delivery services. JP Morgan analyst sees long-term positives for UPS but ...