Category: News

Why Negotiate Your UPS Carrier Agreement ASAP

The Wall Street Journal recently reported a noticeable slowdown in business for United Parcel Service (UPS), a development that may not bode well for the carrier but presents a unique opportunity for businesses reliant on shipping services. In the ebb and flow of commerce, timing is everything, especially when it

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Unlocking Operational Excellence: MFCP’s Data-Driven Shipping Revolution

In the heart of Colorado, Motion Flow & Control Products (MFCP) stands out as a powerhouse distributor, specializing in industrial products with a focus on hydraulics and pneumatics components. While their extensive product range and physical presence in over 60 brick-and-mortar locations across multiple states contribute to their success, the

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Reveel News Roundup on Parcel Spend Management

In the world of parcel shipping, financial compliance and governance rely significantly on two key elements: General Ledger (GL) coding and order matching. These fundamental processes streamline financial management and drive efficiency in shipping operations. GL coding and order matching are vital in parcel shipping for financial governance and accuracy.

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ON-DEMAND WEBINAR: Gaining a New Edge in Parcel Spend Management:

Gaining a New Edge in Parcel Spend Management: How to Eliminate Wasted Spend with Paccurate and Reveel What does packaging have to do with parcel spend management? Paccurate and Reveel have teamed up to deliver actionable insights to shippers looking to reduce their transportation costs. This feedback loop empowers shippers

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From Fedex SmartPost to Fedex Ground Economy

FedEx SmartPost, a familiar name in the world of shipping, underwent a significant transformation in early 2021, marking the end of an era in its 14-year history. As e-commerce boomed and consumer demands evolved, FedEx recognized the need to revamp its services. The result was the rebranding of SmartPost to

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Rebecca Lannon of Reveel Named Recipient of 2023 Women in Supply Chain Award

Company Leader Recognized for Her Efforts in Helping Bring Pricing Transparency to the Parcel Shipping Industry Through Data Science IRVINE, Calif. – September 18, 2023 – Reveel, whose Shipping Intelligence™ Platform enables companies to level the playing field with carriers, today announced that Food Logistics, the only publication exclusively dedicated

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Thank you, Home Delivery World!

We had a great time in Philly last week at the 2023 Home Delivery World conference, where we caught up with old friends and made new ones among the industry leaders, clients and partners in attendance. It was a great opportunity to share how we are helping retailers thrive even

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Visit us at Home Delivery World!

We look forward to catching up with old friends and meeting new ones next week when HomeDelivery World brings the retail logistics community together for two days of information-packed sessions and lively discussions in Philadelphia. We invite you to stop by our booth, #637,at the Pennsylvania Convention Center to catch

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The Teamsters & UPS Agreement: What is the Likelihood of a Union Strike?

In the shipping industry, relationships with unions are not as common as they were in past decades, but we still see their presence in a major way in the recent news with Amazon and–more recently–with the long-standing connection between Teamsters and the United Parcel Service. With contract negotiations beginning between

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The State of Shipping in 2023: Which Trends Have Had the Biggest Impact

Whether companies are rushing to find savings among their high-volume shipping contracts, or leverage business intelligence to help them ship smarter, shipping in 2023 has changed dramatically from the industry we had pre-COVID. As the industry continues to supplement their operations with more flexible practices and still take steps to

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How to Diversify Your Shipping Carrier Mix to Save Money

Over the years, the shipping industry has grown to include more than just UPS, FedEx, and the USPS. Today, there are more small and mid-sized carriers, last mile delivery services, and other supplemental service providers that continue to gradually change the landscape of shipping and how parcel carriers operate today.

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From Consulting to Actionable Data

Technology is transforming parcel shipping operations and the procurement of transportation in the supply chain. In previous blog posts we shared with you why the Reveel Shipping Intelligence Platform™ and more specifically the ability its advanced data science and modeling capabilities give shippers to optimize their parcel operations, compare contracts

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FedEx & UPS GRI Are Here: This is What to Expect in 2023

If you thought “unprecedented” described the increases we saw from the two major carriers in 2022, this year’s FedEx and UPS GRI will turn that perspective on its head. As businesses of all sizes continue to scramble to find savings to offset the weight of these heavy annual increases, the

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5 Essential Tips to Optimize Your Internal Shipping Processes

With the regular general rate increase of each major carrier hitting shippers year after year, there are a variety of shipping management processes and strategies anyone can implement to save both time and money, and minimize downtime or additional surcharges to help offset the rate increases. If you’re looking to

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UPS & FedEx Address Correction Fees: What You Need to Know

As a shipper, you’ve likely encountered the long list of accessorial fees and surcharges that major parcel carriers lean on for revenue. While this mountain of additional expenses may seem insurmountable, it’s one of the best areas to find savings on your shipping logistics each month, one of which is

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UPS 2023 Rate Increases: What Changed & What You Need to Know

Now that 2022 has almost come to a close, it’s time to start preparing for the new rate increases that all the major parcel carriers recently announced. Since we’ve already discussed how FedEx increased their rates and introduced new surcharges, it’s time we look at our country’s other major carrier:

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FedEx 2023 Rate Increases: What You Need to Know

We’re nearing the end of Q4, so that means all the major carriers have announced how they plan to change, introduce, and increase their rates for the 2023 year. As one of the largest carriers worldwide, FedEx is relied on by shippers across the continental U.S., so their rate increases

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“Top 5 Common Parcel Shipping Mistakes”

With the never-ending string of rate increases, surcharges and additional costs levied by the carriers upon businesses that rely on parcel shipping, it is no surprise that managing your shipping expenses has become a C-level concern. The sheer size of the expense these days necessitates it. And when business expenses

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Is the Traditional Business Model for Shipping Consulting Firms Dead?

For many years, shipping consultants have largely operated under a gain share business model in which they received a percentage of the savings they uncover. This percentage, the consultant’s pay if you will, stemmed from a variety of sources, among them savings generated by the more favorable shipping contracts with

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How to Forecast & Plan for Seasonal Shipping Demand

The holiday season is quickly approaching, people are creating their shopping lists, and starting their search online this year. The busiest time of year for holiday shipping is just around the corner, whether you’re ready or not. This year, take a strategic approach and forecast your seasonal shipping demand so

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Zone Skipping & Other Ways to Save on Your Shipping Logistics

With yearly rate increases and recurring surcharges, the cost of shipping can quickly add up. That, coupled with inflation, can cut into your revenue more than ever. With these new challenges in shipping, it’s time to consider a practice that will save you on time and shipping costs: zone skipping.

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5 Common Misconceptions About Parcel Contract Negotiation

Parcel carriers hold much of the power in the shipping industry by controlling the rates we pay, changing the services they offer, and by contributing to your customer’s experience with you. So, it’s only safe to assume that they control our contracts with them, right? Not quite, but that’s not

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How to Use Shipping Data to Improve Your Logistics Management

Shipping data is the window into your business’s performance and no matter what your growth goals are, they can be achieved by leveraging your unique data. With all the information available at your fingertips, it’s tricky to know exactly how to use the numbers and statistics you review each day

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Shipping KPIs
5 Shipping KPIs to Monitor & 1 That Never Works

With more and more new businesses emerging every day and contributing to the already competitive market, it’s vital to monitor the factors that contribute to your growth and keep you accountable for your success. However, with all that you have on your plate, how are you supposed to know which

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shipping vs logistics
Shipping vs. Logistics: What’s the Difference?

We often use the terms shipping and logistics management interchangeably, so it’s easy to think that they address the same subject. While both discuss the planning, implementation, and execution of the shipment system, there is a big difference between the two. No matter if your business focuses on serving B2B

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When Is It Time to Renegotiate Your Carrier Agreement?

Effective 2022, major carriers UPS and FedEx will implement a 5.9% increase in their base rates from a 4.9% the previous year. With these annual increases becoming the norm, it’s vital to assess whether it’s time to renegotiate your carrier agreement. However, it’s not uncommon for business owners to feel

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Reveel Joins the 2022 Inbound Logistics 100!

We’re pleased to share with you all that Reveel was recently named an Inbound Logistics Top 100 Logistics IT Provider for 2022! Our team here at Reveel remains laser-focused on helping customers to understand the complexities of their shipping data – and how they can best utilize it to improve their bottom

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Eight Best Tips for Carrier Contract Negotiations

Carrier Contract Negotiations: 8 Effective Tips To Consider With industry outlooks like parcel shipping becoming even more expensive in 2022, contract negotiations are more important than ever. Failing to negotiate your carrier contracts could be the difference between a healthy margin and losses. This article will go over eight carrier

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UPS Q1 2022 Earnings: It’s All About Price

On April 26 UPS announced its first quarter earnings for 2022. While there were some disappointments for the company – average daily volume in the U.S. domestic market decreased by 3% and average daily international shipping volume decreased by 6.7 % – revenues continued to soar. In the U.S. domestic

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Top 5 Ways to Reduce Shipping Costs

Even in ordinary times, shipping costs make up a significant portion of a business’s expenses. However, when the COVID-19 pandemic disrupted supply chains, shipping costs worldwide skyrocketed. According to McKinsey, shipping a container from China to Europe costs up to six times more now than it did at the beginning

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2022 GRI Impact Analysis

The Yellow companies, including Reddaway, Holland, YRC Freight, and New Penn carried out a 5.9% general rate increase (GRI) in base rates for non-contractual shipments in Canada and the US. Effective November 8, 2021, this GRI aims to balance the economic impact of rising supply costs and new rules across

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FedEx GRI
What Is FedEx GRI?

2021 presented logistical challenges for businesses across the board. Rising inflation, shipping delays, and labor shortages are just a start to the laundry list of problems that created the perfect storm for an unpredictable shipping environment. And amongst the chaos, FedEx continues to pass on these challenges to their customers

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How To Negotiate Your Shipping Contracts in 2022

With FedEx and UPS seeing greater demand for parcel shipment volumes than ever before there’s no question it’s a difficult negotiation climate; however carriers are making agreements. Now is the time for all shippers to negotiate their 2022 contracts. It’s never been more important to be informed and prepared in

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What is UPS GRI?

It is right to assume that current market conditions are driving up the cost of shipping, but rate increases are nothing new to the world of shipping. In fact, UPS implements a general rate increase, or GRI, year over year. Let’s take a look at what this entails. The General

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UPS Announces 5.9% Increase for 2022: Here’s What You Need to Know

UPS announced their general rate increase for 2022 and it’s a hefty average of 5.9%. To no one’s surprise, it matches the same substantial jump FedEx announced earlier this month. UPS’ average rate increases have gone hand in hand with FedEx’s for many years, which also makes this the biggest

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The 2022 UPS General Rate Increase is Here

On Tuesday, October 26th, UPS announced an annual rate increase of 5.9% for 2022 on their earnings call. Last year, we saw a 4.9% increase in shipping prices that affected businesses’ across the country. If shipping is an integral part of your business, you need to know how this will

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OnTrac and LaserShip Merger: What You Need to Know

What do you get when two last-mile delivery services join forces? We’re not sure yet… LaserShip acquired OnTrac Logistics for $1.3 billion. Combined, they’ll become the largest regional parcel carrier in the U.S. With LaserShip’s foothold in the East Coast and South and OnTrac servicing the West Coast, only ten

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FedEx Announces 2022 Rate Increases, and They Are Substantial

With the end of the year just around the corner, FedEx has announced their 2022 General Rate Increases. Retailers and high-volume shippers beware: this year marks the highest GRI average rate increase since 2013 with the average rate increase for FedEx in 2022 sitting at 5.9%. This is a substantial

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UPS’ Latest Loss Leaves Student Test Scores in Jeopardy

As you may have seen, Starpoint High School in New York was recently in the headlines. The schools’ superintendent, Dr. Sean Croft, revealed that UPS lost 106 of the students’ advanced placement (AP) exams. The superintendent said that one box, containing juniors’ AP U.S. history exams and seniors’ AP literature

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CARM: What You Need to Know & Next Steps

Canada Border Services Agency launched their CARM Initiative with Release 1, which highlights their CARM Client Portal (CCP). With CCP, the collection of duties and taxes can now be done online through the portal.

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Person scanning barcode on top of box
Small Businesses Lose While FedEx and UPS Win

The data is in from the past year and it tells a chilling story of how FedEx and UPS added significant profits to their bottom line, while small businesses struggled under the weight of the global pandemic.  Initial figures from both carriers’ financial reporting indicate that the pandemic was very

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Cargo being loaded onto a plane
FedEx Announces Surcharges on International Shipments

As COVID-19 was beginning to impact the global supply chain, FedEx responded in April 2020 by implementing a surcharge on all FedEx Express® and TNT international parcel and freight shipments beginning April 6, 2020. This surcharge made logical sense as containment restrictions among the various countries around the world disrupted the global

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Nick Nowaczyk of Reveel Group
Inside Reveel: Hear Why Our VP Left FedEx to Join Our Team

What was it like working at FedEx? Although he enjoyed the job, our VP of Operations Nick Nowaczyk noticed a few things that didn’t sit well with him. One, FedEx and UPS charged the same amount to ship comparable packages—down to the penny—despite the many different variables in the two

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A man and woman meeting in a warehouse
Service Guarantees Are Back—What Does That Mean for Your Business?

To many businesses’ relief, FedEx and UPS reinstated their service guarantees for some services after a year-long hiatus. The open-ended service guarantee suspensions were instituted due to disruption to the carriers’ networks in the early days of the COVID-19 pandemic.  When the world was told to stay home, shipping carriers

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Man scans shipping label on package with smartphone
FedEx Reinstates Money Back Guarantee

On March 23, 2020 FedEx announced the suspension of the Money-Back Guarantee program for all FedEx Express, FedEx Ground, FedEx Freight and FedEx Office services as the onset of the COVID-19 pandemic began disrupting the shipping industry.  The suspension of their Money Back Guarantee was implemented immediately and until further

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UPS Reinstates Money Back Guarantee

Today, April 5, 2021, UPS has officially begun the process of reinstating the Service Guarantee across their organization after over a year of its suspension. Currently, the Service Guarantee applies to all UPS Next Day Air services and UPS Worldwide Express services with the guaranteed delivery time extended to end-of-day for UPS Next Day Air Saver®.

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A forklift in a warehouse
Fixing a $100K Mistake on Alen Corp’s Invoice

FedEx and UPS invoices are notoriously hard to read. Whether that’s by design or not, it makes it hard to audit your invoices.  You may realize your costs are going up, but you don’t know why.  That’s what we’re here for. Shipping contract negotiations are a big part of our

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Box sitting on front doorstep
Park Hill’s Secret Weapon: Reveel in Their Hip Pocket

If it’s not broke, don’t fix it. It’s an old cliche, but some businesses still take this approach to their shipping contracts. Many often think that since they’ve stuck with one company for years and have cultivated a good relationship that means they’re getting the best deal. That’s not usually

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Man scanning barcode on shipping label on box
Nisolo Saves 22% on Shipping and Offsets Carbon Emissions

Reveel is at its best when we help other businesses achieve their goals and further their vision.  That’s why helping businesses like Nisolo is so rewarding. Nisolo is a brand of ethically made shoes and accessories, and its mission is to push the fashion industry toward sustainability.  In an industry

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Pallets of boxes on warehouse shelves
FedEx Raises Surcharges on Int’l Shipments for Some Countries—One by 350%

In the wake of increasing COVID-19 cases and subsequent shipping disruptions, FedEx is temporarily increasing some surcharges for international shipments. FedEx Express international parcel and freight shipments originating in Japan, Korea, Hong Kong, and the Philippines, and parcel shipments from China went into effect on November 30 and will continue

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Dog leaning against man
Gunner Kennels and Reveel Partner for Savings

You’re great at negotiations, and you have a pretty good handle on your shipping contracts. How much can Reveel really help?  Just ask Brandon Beasley from Gunner Kennels.  As the VP of Operations, he feels very comfortable negotiating shipping contracts with the big carriers year after year to keep the

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Woman wearing hard hat looking at tablet computer in warehouse
UPS’ 2021 General Rate Increase: What You Need to Know

Last week, UPS announced its general rate increase (GRI) for 2021.  Despite the high delivery demand we’ve seen in 2020, UPS matched previous years’ increase average.  In 2021, UPS Ground, UPS Air and International services will see an average increase of 4.9%. Although every customer will be affected differently, this

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Front of an airplane
FedEx Announces International Surcharge Increase: Here’s What to Expect

Last week, FedEx announced a surcharge increase for some FedEx Express and TNT international parcel and freight shipments. Due to continued supply chain disruptions from COVID-19, packages originating from Europe and MEISA (the Middle East, Indian Subcontinent, and Africa) will see a fee increase starting November 2. On April 6

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