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Profitability of small retailers declines due to surging shipping costs during year-end peak season

CNBC · ·by G4L

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  1. 1Jenny Shields' average shipping cost per package was approximately $6 last month.
  2. 2Amazon's shipping costs recorded an 11% increase in the third quarter compared to the previous year.
  3. 3UPS, FedEx, and USPS introduced additional surcharges for the year-end peak season.

So what's the key point?

The average shipping cost per item for Jenny Shields came out to $6. Profits for small retailers have worsened as shipping companies applied extra fees during the year-end season.

Source CNBC · View original ↗

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