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Story summary
- Termination of the de minimis rule, which exempted packages under $800 from tariffs, has led to slower shipping and higher costs, with experts saying UPS's disposal may reflect a monopolistic position.
- Matthew Wasserbach, a customs broker, notes UPS has struggled more than FedEx and DHL, with many packages lost or disposed of.
- As the holiday season approaches, UPS's revenue has declined due to regulatory changes, with improvement expected next year.
