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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 thre...

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Editor's Note: This post has been updated with new links and content. Original Publication Date: May 21, 2015 In this post, we’ll cover declared value and declared value insurance. We're betting you're here to learn how you can cut shipping costs. Smart! You've come to the right place. If you haven't yet, set up your free ...

Continue Reading... By: Steve M.

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 ot...

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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 ship...

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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, i...

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