UPS® announced its 2022 GRI, and it’s historically high. The small parcel carrier is implementing a 5.9% average increase across services that will go into effect on December 26, 2021. The increase matches FedEx’s 2022 average GRI and is primarily driven by the high inflation present in the economy.
But of course, 5.9% is just the average increase. The small parcel experts at TransImpact have looked deep into the data and identified some noteworthy details in the GRI, including several pockets in which rate increases exceed the stated 5.9% amount.
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