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UPS (UPS -0.4%) releases its shipping rates for 2013 with an increase of 4.5% in all UPS Air...
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Friday, November 16, 2012, 3:16 PM ETUPS (UPS -0.4%) releases its shipping rates for 2013 with an increase of 4.5% in all UPS Air services and a 4.9% hike for UPS Ground services on tap. One of the first questions traders will ask is if Amazon (AMZN +2%) will take the hit to margins or find a way to pass on the additional costs.
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This news story has 13 comments:
I wouldn't be surprised if Bezos launches a rival shipping venture to compete.
Inflation ? What inflation..lol
http://bit.ly/QjuawL;feature=share
Try to figure this out ! Have a good weekend..
It simply amazed me how this company trades at these levels.
Looking at the facts and trends, I think that AMZN share price should be (at least) halved!