BELOW SUPERNAV drop zone ⇩

Walmart to add transportation, pickup fee to suppliers

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

Mortgage Calculator

This calculator helps you estimate your monthly mortgage payment. It adds up the loan payment (principal + interest), property tax, and insurance. The loan payment is spread out over the years of your loan term.

This is the total amount you're borrowing from the bank.
This is the yearly interest rate on your loan.
This is how long you'll take to repay the loan.
This is the yearly tax you pay on your property.
This is the yearly cost to insure your home.

Monthly Payment Breakdown

Principal and Interest: $

Property Tax: $

Homeowners Insurance: $

Total Estimated Monthly Payment: $

(NewsNation) — Retail giant Walmart has warned its suppliers it will be adding extra fuel and pickup fees next month in an effort to offset mounting transportation costs.

Walmart, which reported raking in $559.2 billion in revenue last year, has told some of its suppliers they will have to pay an extra fee to Walmart for the company to transport goods to their warehouses and stores.

Walmart believes adding a “collect pickup fee,” which will be calculated as a percentage of the products taken in, and a fuel surcharge will help keep prices consistent for consumers as rising gas prices and inflation take a toll on the economy.

Walmart has paid more than $160 million in unexpected fuel costs this year.

It remains unseen however, how this additional fee will impact consumers. NewsNation reached out to Walmart and some of its largest suppliers, including Tyson Foods, Budweiser, Hasbro, Mattel, John Deere, General Mills and others, for an answer to this question and received no response.

Walmart’s largest competitor Amazon, which reported $469.2 billion in revenue in 2021, added a similar transportation fee in April.

Business

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Sunny

la

66°F Sunny Feels like 66°
Wind
4 mph SSW
Humidity
33%
Sunrise
Sunset

Tonight

Partly cloudy skies. Slight chance of a rain shower. Low 52F. Winds light and variable.
52°F Partly cloudy skies. Slight chance of a rain shower. Low 52F. Winds light and variable.
Wind
4 mph S
Precip
16%
Sunset
Moon Phase
Waxing Gibbous