Lojistic Blog - Page15 Fill Your Noggin With Current Logistics News.

Jun 25

2020

UPS Drops Bomb on Drop Shippers

Posted: Jun 25, 2020

Editor's Note: This post has been updated with new links and content. Original Publication Date: October 26, 2015 This post will explain a fee that UPS and FedEx rolled out a few years ago. As a matter of fact, what they really did was drop a bomb on drop shippers. But before we get into what that is, let’s discuss the three bi...

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Jun 11

2020

When Should Freight Costs be Recorded in Accounting?

Posted: Jun 11, 2020

Editor's Note: This post has been updated with new links and content. Original Publication Date: May 31, 2013 One of the questions we get a lot is about freight cost accounting — specifically, how to record freight costs in accounting. In this post, we’ll discuss what makes freight accounting different from accounting in other ...

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Mar 25

2020

UPS & FedEx Suspends Service Guarantees Amid Global Pandemic

Posted: Mar 25, 2020

The global novel coronavirus pandemic has created great uncertainty all over the world. The disruptions to travel and commerce has led UPS and FedEx to suspend all service guarantees for Express, Ground and Freight for both Domestic and International shipments immediately and until further notice. This means that UPS and FedEx will no longer honor their promise to give you a refund when your s...

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Dec 30

2019

UPS and FedEx 2020 Rate Increases: Let's Look at the Damage

Posted: Dec 30, 2019

UPS and FedEx 2020 rate increases were recently announced. And as in years prior, it's an average 4.9% rate increase across the board. That's for the service level rates themselves. If you look at the UPS and FedEx 2020 rate increases, however, you'll see a different impact that you may not be so happy about. Most surcharges have gone up about 3 1/2 to 4%. But some of them, includ...

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Dec 23

2019

Top 2020 Parcel Trends That You Should Know About

Posted: Dec 23, 2019

Top 2020 parcel trends are creating smarter shippers and mitigating costs. Trend #1: Rates Will Continue to Rise At the end of every year, UPS and FedEx announce their general price increase for next year. On average, the increase is only around 4.9%. What you don't see in that increase is the surcharges. This year surcharges are going to have a large impact on parcel shi...

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