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FedEx and UPS Hold Fire on Surcharge.
Byline: Srisamorn Phoosuphanusorn
Sep. 2--Transport giant Federal Express will wait until Oct 1 before introducing an additional charge to cover an overtime fee imposed by the Customs Department.
However, its rivals DHL International (Thailand) and TNT Express Worldwide (Thailand) told their customers that they would introduce the surcharge starting yesterday.
United Parcel Service (UPS) said it would wait for market reaction before deciding whether to continue absorbing the costs or find an alternative solution.
FedEx said that as a result of delaying the introduction of the surcharge it would have to absorb 30 million baht in ...
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Source: HighBeam Research, FedEx and UPS Hold Fire on Surcharge.