The 2024 Peak Season Surcharge announcements from UPS and FedEx contain critical changes that demand close attention. Many unprepared shippers will face surprises on their invoices in the coming months. These surcharges, applied during the holiday season when shipping volumes…
At the most recent FedEx earnings call, CEO Raj Subramaniam made an important announcement: The global logistics provider is reviewing a potential divestiture of its LTL freight business.This is notable because FedEx operates the largest LTL network in the country.…
UPS has announced an average general rate increase of 5.9% that will go into effect December 26, 2023. Noteworthy is that the increases are generally smaller than in last year’s GRIs, while being similar in many ways to FedEx’s upcoming…
With both sides still not returning to the bargaining table, the industry remains on edge…
Partnering with efficient carriers can reduce shipping costs. Many companies are addressing high shipping expenses by streamlining their processes, helping them keep customers satisfied while boosting sales in today’s competitive eCommerce market. However, due to the high shipping cost, customers often…
You’ve heard the news.FedEx announced its largest general rate increase ever for next year with a 6.9% average increase for its Express, Ground, and Home Delivery services going into effect on January 2, 2023. And that’s not all. Many surcharges…
Here are some of the top logistics and shipping news stories of the month for logistics professionals. (click the title to read) Small Parcel FedEx Ground to lower holiday volume forecasts – internal memo U.S. Postal Service Announces New…
If you were expecting a big 2023 general rate increase from FedEx like we were, you will not be disappointed. FedEx announced its largest ever GRI of 6.9% effective January 2, 2023. This is a historic increase because it’s the…
Read our breakdown to learn how to mitigate the impact of 2022’s peak surcharges. Calculating a parcel shipment’s cost has never been simple, but it’s more complicated than ever with all the potential surcharges and fees that FedEx and UPS…
Preparation plays a vital role in how well a company negotiates its small parcel shipping contracts.It’s important to know there is a big range in the rates carriers are able to offer their customers, and it’s up to you to…
