Reported about 16 hours ago
UPS has tentatively agreed with the U.S. Postal Service to resume home delivery for its low-cost Ground Saver service, aiming to cut delivery costs amid declining volumes in its domestic parcel business. This collaboration follows previous tensions due to rate hikes and is expected to leverage USPS's efficiency for last-mile delivery while UPS manages the middle mile. The parties hope to finalize the deal by year-end, allowing UPS to enhance service levels and regain market share in the competitive e-commerce segment.
Source: YAHOO