- 24 October 2019
- Transport / Logistics Services
Amidst news that stamps.com was collaborating with UPS earlier this week, the company’s share price has surged 20%.
Under the deal, UPS is to offer specially discounted shipping rates to the 740,000 stamps.com customers.
Stamps.com is behind a range of internet shopping software solutions that include ShipStation, ShippingEasy, ShipWorks, Stamps.com and Endicia. The solutions are aimed at small and medium sized e-commerce businesses to help run their delivery operations better.
This new collaboration with UPS will make UPS shipping services available to Stamps.com’s customers at attractive discounts of up to 55% off daily rates, including various waived surcharges.
“UPS wants to make the shipping process seamless for small businesses, so they can focus on growing their business,” said Kevin Warren, UPS Chief Marketing Officer. “By collaborating with Stamps.com, their e-commerce customers will have easy access to UPS within the same familiar platform they’ve been using, offering them more choice and control over their shipping needs.”
“This new collaboration will allow us to bring the leading shipping solutions of UPS to our customer base in a simpler and more seamless fashion, and at very attractive new discounts,” said Ken McBride, Chairman and CEO of Stamps.com. “We want to empower our customers, and we know that delivery speeds and competitive rates are an important factor for small business success.”