It's that time of year once again. UPS & FedEx are dishing out another costly general price increase to small parcel shippers effective December 29, 2019 for UPS and January 6, 2020 for FedEx.
It is important to understand that the announced UPS & FedEx rate increases are only averages and the impact on your company could vary greatly.
Over the past decade (2010-2020), UPS and FedEx ground tariff rates have increased 75.8% while air tariff rates have increased 80.0%. As usual, these numbers do not take into account the accessorial increases or the impact of the size-to-weight related charge changes both carriers continue to make.
We created a whitepaper with the details related to the 2020 UPS & FedEx price increase announcements. Download it below:
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Author
Rich Harkey
Rich Harkey
Senior Strategy Manager
Rich Harkey is a results-driven professional with extensive experience in the logistics and supply chain industry.
As the Senior Strategy Manager at Lojistic, Rich leverages over three decades of expertise to help businesses improve their shipping strategies and reduce costs. With a deep understanding of the requirements of shippers and the operational intricacies of carriers, he excels in everything from optimizing business rules and managing carrier invoices to negotiating carrier contracts.
Rich's comprehensive knowledge of the logistics industry, combined with his strategic insights and passion for data analysis, has enabled thousands of companies to gain visibility into their shipping expenses, driving impactful results.