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00:02United Parcel Service shares fell Thursday as rising fuel costs
00:06and broader transportation sector headwinds weighed on parcel carriers, according to Benzinga.
00:12Crude oil and refined product prices climbed as U.S.-Iran peace discussions stalled at the
00:17United Nations General Assembly. Trade groups also warned President Trump that a proposed ban
00:23on U.S. diesel exports could raise domestic wholesale fuel prices and strain long-haul
00:29freight networks. Higher diesel and jet fuel spot prices could pressure UPS margins
00:34because of a lag in its weekly fuel surcharges. UPS will begin its 2026 holiday peak demand fees
00:41on September 27th. The company expects U.S. package volume to rise about 24% from the third to fourth
00:48quarter. Shares were down 4.21% to $91.79 at the time of publication on Thursday,
00:55according to Benzinga ProData. For all things money, visit Benzinga.com.
