Publisher's Note: This post has been updated with new links and content. Original Publication Date: May 1, 2017 In this post, we’ll help you understand how to become a FedEx and UPS power user. Let's start at the beginning with what FedEx and UPS power users are. ...
Continue ReadingJul 02
2020
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...
Continue ReadingJun 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 ...
Continue ReadingMar 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...
Continue ReadingDec 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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