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…
This week in parcel, TransImpact tackles FedEx’s GRI, manufacturers turn to demand planning software, and FedEx defends its Demand Surcharges. Why FedEx’s lower 2024 GRI is still high At 5.9%, FedEx’s 2024 general rate increase is softer than the one…
UPS has announced its annual Demand (a.k.a. Peak) Surcharges that will extend into January 2024. You can read the full announcement on the carrier’s website: here. The following are some key highlights: UPS, unlike FedEx, has kept demand surcharges in…
This week in parcel, the industry players are fighting to win volume as we approach peak season, and the USPS has thrown its card in the ring by announcing it will not impose peak season surcharges. Startups are also looking…
This week in parcel, UPS announces its 2024 GRI, while FedEx announces the details of its GRI. The rate increases are softer than last year, but that only tells part of the story. Meanwhile, fuel costs are on the rise…
This week in parcel, the industry awaits UPS’s GRI decision as it weighs factors like rising operational costs, staying competitive with FedEx rates, and possibly having to fend off a new competitor. While shippers wait for UPS to announce its…
