You’re likely aware that UPS kicked off 2024’s peak season early by announcing its annual Demand (a.k.a. Peak) Surcharge earlier than normal. FedEx followed suit on August 15, 2024.
The approach from UPS with the 2024 surcharges is different from past years for many other reasons, too, but the most important detail is the surcharges are about 10% HIGHER than last year’s. The amount and details of the extra fees are aggressive… especially given the current market conditions.
What matters most right now for shippers is gaining an understanding of how their costs will go up in the coming months. To help, we’ve created a detailed report explaining the surcharges and their cost impact. There is still time to take action to mitigate the cost increase most shippers will be facing, but you need to act soon. The best thing to do is start by reading our analysis.
In our report, you’ll find 7 detailed illustrations explaining the additional costs by the categories and service types, as well as our other top highlights AND advice on what you should do next.
Access the full report – click here.