Culture
Here's How NYC's New On-Demand Shipping App Could Actually Survive
Shyp carves out a legitimately new space in a crowded shipping industry. But to last, it may have to remain a little fish.
Anticipating the holiday package rush, last month USPS slashed its parcel rates up to 58 percent, causing tremendous uproar from competitors. FedEx and UPS filed comments with the Postal Regulatory Commission decrying the price drops, calling them "aggressive" and a "red flag" in light of the Postal Service's financial woes.
Yet shipping consumers will benefit, and especially e-commerce—not just Amazon, but individual sellers from platforms like Etsy, eBay or Rakuten. The rise of e-commerce has piqued competition among delivery companies, who vie to offer not just the best rates but also perks: Traceable packages, Saturday delivery, door pickup, and more.