Mish's Global Economic Trend Analysis |
UberRUSH: Uber's On-Demand Delivery Service Rolls Out in New York, Chicago, and San Francisco Posted: 17 Oct 2015 09:01 AM PDT Uber's Next Logistics Move – UberRUSH Following a successful pilot in New York City, UberRUSH officially announced UberRUSH in three cities - New York, Chicago, and San Francisco. SupplyChain247 reports Uber's Next Logistics Move – UberRUSH. For a little over a year, Uber has been operating its UberRUSH delivery service as a pilot program in New York City.What's Next? Will Uber eventually go the next step and compete with FedEx and UPS? While pondering that thought, please consider monkey-see, monkey-do, hikes of near-identical amounts at FedEx and UPS. FedEx Rate Hikes In September, FedEx Announced Rate Hikes on the basis people are shipping larger, heavier packages, and residential deliveries have increased.
UPS Rate Hikes This past week, UPS Announced Rate Hikes by the same 4.9% average.
Rob Martinez, president & CEO, Shipware LLC, a San Diego-based parcel consultancy, offered these comments: What's surprising is that UPS is again increasing its fuel surcharge effective Nov 2, 2015. Where FedEx's latest announcement to increase fuel surcharges on 11/2/15 brought it more in line with what UPS charges today, the new UPS fuel pricing will again be higher than FedEx. It's also important to note that UPS will implement the 2016 pricing on Dec 28, 2015, a full week ahead of FedEx. Finally, UPS Freight pricing is also increasing an average of 4.9 percent effective Oct 26, 2015. To date, FedEx has not announced increases at FedEx Freight.The Fed cheers these rates hikes. No one else does but the shippers and new competitors like Uber. Just thinking: What would an Amazon-Uber pairing be able to do? Mike "Mish" Shedlock |
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