This week in parcel, FedEx announces international fuel charges and makes an interesting international shipment, and shippers turn to AI to improve cross-border trade. FedEx announces international fuel surcharge increases FedEx announced that international fuel surcharge increases will go into…
This week in parcel, FedEx and UPS use AI to improve operations, retailers are turning away from free returns, and we look at Section 321. FedEx and UPS turn to AI machine learning to improve operations FedEx launched a machine-learning…
This week in parcel, FedEx breaks down the “FedEx Effect,” ground rates ease, and trucking capacity continues to decline. What is the “FedEx Effect”? A recent FedEx report revealed the company contributed more than $80 billion to the global economy…
This week in parcel, TransImpact releases the 2024 GRI analysis, UPS releases its third-quarter profits, and experts advise shippers to keep an eye out for upcoming policy issues ahead of the 2024 election. TransImpact’s 2024 UPS GRI analysis is out…
This week in parcel, TransImpact extracts four highlights from the 2024 UPS GRI and carriers turn to automation and set holiday deadlines.. 4 highlights from the 2024 UPS GRI UPS just released the details behind its 5.9% 2024 GRI, ending…
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…
The wait is over. UPS has finally published the details of its 2024 GRI several weeks after it ‘prepped’ the market by announcing a headline average increase of 5.9%. The TransImpact experts are on lockdown working on our usual deep-dive…
This week in parcel, it’s time to review your parcel carrier contracts. Deliveries are on time at the highest rate since the pandemic, but that rate is still low compared to marks prior to 2020.. As peak season ramps up,…
This week in parcel UPS and FedEx begin their Demand Surcharges, shippers gain the competitive advantage, and freight’s rebound is within sight. Demand Surcharges are here UPS and FedEx have announced their Demand (a.k.a. Peak) Surcharges that will extend into…
FedEx has announced its annual Demand (a.k.a. Peak) Surcharges that will last into January 2024. You can read the full announcement on the carrier’s website – here. The following are some key highlights: In 2022, Peak Season charges were in…
