UPS has matched FedEx’s historic 6.9% average GRI for 2023, as expected. The increases will take effect on December 27, 2022.
There are no UPS customers that look forward to the annual GRI announcements. At least now, shippers can start serious budget planning for 2023 with more complete information and figure out how to mitigate the impending costs.
But while the two rivals’ headline increases are the same, there are some meaningful differences under the surface. Since the 6.9% GRI from both carriers is an average, what really matters is the details within each announcement and what is happening with each company. You can find our FedEx 2023 GRI breakdown here.
FILL OUT THE FORM BELOW to download our report to uncover the UPS rates and services most subject to change in 2023. You’ll also get our tips for taking action with the carrier to minimize UPS’s aggressive rate hikes.