Shipping costs are shifting fast, and with peak season right around the corner, every surcharge matters. This quarter brings new updates from UPS and FedEx that could significantly impact your budget if you’re not prepared. Here’s what you need to know now to stay ahead of UPS and FedEx shipping
Peak season planning just got a lot more complicated. FedEx has already announced its 2025 peak season structure, but UPS remains silent about its demand and peak fees, breaking from the industry’s traditional summer announcement timeline. Understanding the potential reasons behind this delay—and taking proactive steps to prepare despite the
For shippers, the holidays can feel more like peak fee season. While increased consumer demand drives higher sales volumes, it also triggers additional shipping costs that can significantly impact profit margins. Peak season surcharges, implemented by major carriers during high-volume periods, represent one of the most substantial components of shipping
Shipping costs are constantly evolving, and staying on top of the latest surcharges from major carriers like UPS and FedEx can make the difference between staying within budget and facing unexpected expenses. From fuel adjustments and peak season fees to new dimensional weight charges and delivery area surcharges, carriers regularly
Remember the last time you checked GasBuddy before a road trip, scouring to find the cheapest fuel prices along your route? That same fuel price volatility that affects your personal travel budget is wreaking havoc on your business shipping costs—except you probably don’t even realize it. While consumers can easily
Fuel Surcharge Updates In Parcel Shipping Three years ago, in the early months of the war in Ukraine, our CEO Josh Dunham was quoted in an article in The Wall Street Journal that looked at the impact of surging fuel prices. In it, Josh noted that the price of fuel
Shipping is more than just moving products from point A to point B. For all businesses—whether manufacturing, CPG, or retail—shipping plays a critical role in shaping the customer experience, protecting profit margins, and reinforcing brand image. However, hidden within base rates are numerous shipping surcharges that can gradually erode profitability.
FedEx has implemented several new surcharge structures and adjusted existing ones to reflect current market conditions and operational costs. These surcharges directly impact your bottom line, affecting everything from product pricing strategies to customer satisfaction. So there’s a lot at stake when it comes to your parcel spend management strategy
UPS shipping surcharges and fees can make or break your parcel spend budget. As the year continues, UPS has implemented several notable increases to fuel surcharges, payment processing fees, and late payment penalties. The 2025 adjustments represent some of the most substantial changes in recent years, reflecting broader economic pressures
The parcel shipping landscape is experiencing notable shifts as both FedEx and UPS implement new fuel surcharges, raising important questions about their impact on shippers and the strategies driving these adjustments. On September 2, FedEx announced its second fuel surcharge increase of 2024, just a week after UPS’s increase on
As we approach the 2024 peak shipping season, both UPS and FedEx have announced significant changes to their demand surcharges. These changes include increased rates, restructured surcharge models, and extended periods of application, making this peak season potentially more expensive and complex for shippers. Here’s a deep dive into what
As expected, UPS announced its annual GRI (General Rate Increase) for 2024 and it’s exactly the same as FedEx announced earlier – a 5.9% increase. Given the history of the big two historically matching each other’s rate increases, this comes as no surprise. There was also little chance that UPS
This week, FedEx took the opportunity to be the first of the big two carriers to announce their general rate increase, or GRI, for 2024. They announced that rates would increase 5.9% over last year – but the important part to note is that this year the increase is less
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
As each major carrier continues to increase their rates year after year, surcharges are one of the biggest areas shippers see snowball into a major expense. As frustrating as this can be, there are ways to avoid some of the most common surcharges applied by UPS and FedEx so you
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
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
Our Shipping Intelligence® platform analyzes thousands of shipping agreements, models them, and runs them through simulations to give our customers data driven analysis. Now that FedEx and UPS rate increases are in effect for 2022, our data scientists took a deep dive into the impact shippers should expect to see
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
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
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
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
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
This is the second surcharge increase this month from FedEx. This time the surcharges are on U.S. Express and Ground services and Ground International. Additionally, the peak fuel surcharge tables have been updated to reflect a higher fuel surcharge. If you’re worried about how this might impact you, the Reveel
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
