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…
Every year, when FedEx and UPS release their GRIs (general rate increase) announcing contractual shipping rate increases, it’s not always clear what numbers are changing. Rather than simply accepting the increases, no matter how big or small, it’s important to…
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…
Data shows the impact of COVID-19 from the perspective of the small parcel shipping market has accelerated. This trend was already occurring — which is the growth of ecommerce and increase in residential deliveries performed by the carriers. This was…
Shipping rates and surcharges are still increasing, with the result that for many ecommerce companies logistics related expenses — such as shipping, packing, and storage —now account for as much as 25% of cost of goods sold (COGS). An increasing…
Descriptive, Predictive, and Prescriptive Analytics Explained The concepts of big data and predictive analytics are among the most talked about applications of technology in logistics right now. Yet, despite all the attention it can be difficult to understand these ideas…
