FedEx® has announced its largest General Rate Increase in almost a decade, and it’s a big one at 5.9% on average, according to the carrier. But what does average even mean? Chances are your rates will be going up by…
After a challenging 18 months for the entire supply chain industry, small parcel shippers will appreciate having a clearer view of the rate landscape for the balance of 2021, thanks to the recent Peak Season Surcharge announcements from both carriers.…
As the carrier usually does this time of year, FedEx has announced several Peak Season Surcharges, with some having start dates as early as October 4th. The types of surcharges, start and end dates, and the shippers who will be…
UPS announced a record quarter on its July 26th earnings call, with consolidated operating profits surpassing $3 billion. Other impressive figures from the carrier included a revenue increase of 10.2% YoY, driven by a 13.4% YoY increase in revenue per…
FedEx announced an increase to certain peak charge amounts as its response to the global pandemic continues. The charges being increased at this time have been in place and un-changed since April 6th, 2020. The changes include increases for U.S.…
Why Did Ups Sell UPS Freight? It’s understandable when some things that companies announce are not taken at face value. We’ve all learned, for example, to ignore the large parcel carriers’ claims that their annual GRIs equates to an average…
To the surprise of no one, UPS® has announced the continuation of its 2020 Peak Surcharges. This follows the recent, similar extension by FedEx®. Below are the details of the UPS announcement, with some important contrasts noted: FedEx’s extension of…
In mid-September, FedEx announced its standard 4.9% annual General Rate Increase. Not included was mention of changes to FedEx SmartPost rates — but the small parcel carrier has recently announced it will institute rate increases for this service in line with…
PROBLEMS “The spread of Covid-19 in the US has triggered such an increase in e-commerce since March that shipping volumes have consistently been at Christmas peak or Cyber Monday levels every day. Now we’re headed into a peak on top…
You thought UPS wouldn’t make any more changes to its Peak Season Surcharges this year, didn’t you? Well, they did and you should know what they are. UPS has announced updates to several International Peak Season Surcharges which will go…
