Category: News

In the days leading up to its legendary Thanksgiving parade Macy’s made the headlines not because of the holiday season, but instead for the more than $150 million in parcel shipping expenses an employee hid over an extended period – an amount comparable to the company’s net income in 2023

  Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that

It’s that time of year again – the beginning of peak shipping season. After our analysis, the bottom line is that the 2024 peak season period will be longer – and more expensive – when compared to previous years. Neither UPS or FedEx is better on pricing, with each focusing

Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that makes

Parcel spend management of course is not a new concept. Shippers have always looked for ways to lower their costs, toiling over ledgers and spreadsheets in an effort to find opportunities for savings, and engaging consultants for carrier contract analysis and contract negotiation expertise. In recent years, though, the parcel

A few weeks have passed since we enjoyed seeing our colleagues and friends in the retail industry at Home Delivery World in Philadelphia. It was particularly rewarding to see such a great reaction to our session “Embracing the Future: How a Big Apparel Brand Leverages Next Gen Parcel Spend Optimization

In the years since we founded Reveel, we’ve conducted hundreds of interviews with leading shippers to learn what strategies they use to lower their costs and the processes they implement to make their operations more efficient and effective. What we found is that the most successful shippers all have something in common: they do

From day one, since its founding in 2006, Reveel has focused on a single goal – to help shippers level the playing field with carriers. Today that same goal is a mission-critical endeavor for omnichannel retailers, e-commerce companies, and any business in which parcel shipping acumen and performance heavily influence

Embark on a journey of cost-effective parcel spend optimization with Reveel. Join our insightful webinar as we unveil how our cutting-edge Parcel Spend Optimization solutions transform the landscape for the apparel and fashion industry.  This webinar is your gateway to unparalleled savings and enhanced profitability. Don’t miss out on this

Have you heard? Reveel is making waves in shipping and logistics. Dive into the highlights from our action-packed first quarter of 2024! Optimizing Parcel Spend with RateLinx Partnership Our strategic collaboration with RateLinx has been a game-changer for businesses aiming to optimize their parcel spend. Featured in DC Velocity, Reveel

You’d be forgiven if you thought this was an old headline or a repeat of a blog from the pandemic timeframe. Unfortunately, that’s not the case. Both UPS and FedEx have unexpectedly decided to increase the rates for certain zip codes beginning on April 8th for UPS and on April

FedEx offers the opportunity for shippers to track just about every package as it moves across the globe. The vast majority of those packages — nearly  98 percent in 2023 during the rush between Black Friday and Cyber Monday — arrive on time. Shippers and customers alike can use a

In the rapidly evolving and intricate domain of parcel shipping, the analysis of invoice data is a critical component for maintaining cost-efficiency and optimizing operations. While off-the-shelf Business Intelligence (BI) tools offer a broad spectrum of data analysis capabilities, they often fall short in effectively handling the specialized requirements of

The better-than-expected performance of the parcel shipping industry during this year’s peak season, which spans from Black Friday to Christmas, has been an encouraging sign of resilience and adaptability. This period is crucial for parcel shippers, as it’s when they handle the highest volume of shipments. This year, the industry

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

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

Are you ready to take your parcel spend management to the next level? Join us on October 18th, 2023, at 2:00 PM ET for an insightful live webinar hosted by Reveel, a leading name in optimizing parcel spend management. In this one-hour session, we’ll delve into the four key success

The Parcel Forum 2023 in Nashville, held recently, was nothing short of a landmark event for Reveel. As one of the leading players in the shipping and logistics industry, we had the privilege of participating in a panel discussion on “The 4 Key Steps to Active Shipping Management.” This forum

On Tuesday, September 12, 2023 at 9:00 am CDT in room 301, Reveel CEO and co-founder, Josh Dunham, will be moderating a panel discussion on the topic of “Measuring Your Value: How Small And Medium-Sized Businesses Can Get The Most From The National Carriers.” Josh will be joined by other

UPS and the Teamsters have successfully reached a tentative labor agreement, potentially averting a strike that could have had severe repercussions for the US supply chains and the economy as a whole. The agreement, which is still subject to ratification by approximately 340,000 Teamsters members at UPS, comes amid a

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

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

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

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

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

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

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

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:

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

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

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

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

If the carriers’ earnings calls increasingly leave you with a sense of déjà vu, you are not alone. Regardless of shipping volumes, macroeconomic conditions or geopolitical events, revenue increases for carriers and price increases for shippers are the new normal. FedEx’s Q4 and FY 2022 earnings reported on June 23,

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

The pandemic may have disrupted the global supply chain, but eCommerce is booming. Ecommerce sales are expected to reach $5.5 trillion by 2022, and the shipping industry is expected to grow along with it. To keep up with the competition and ensure shipments are running smoothly, you need to track

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

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

Fuel prices are rising – and they’re starting to have an effect on what you pay carriers to ship goods to your customers. Inflation was already raising the cost of doing business, and that, combined with the large general rate increases the big two carriers had announced, already meant you’d

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

The supply-chain crisis and the e-commerce boom of the last two years have resulted in record earnings for FedEx, but it has also presented numerous difficulties. Despite adopting a contractor strategy designed to reduce spending, the multinational logistics company has struggled to cut costs. This spells bad news for the

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

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.

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

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®.

In September 2004, FedEx acquired parcel consolidator company Parcel Direct in an effort to grow their reach. Shortly after, they rebranded it FedEx SmartPost and the new service went on to serve customers for just over 14 years. During its time, FedEx SmartPost connected shippers with customers through last mile