UPS recently announced they had their most profitable year ever - and there’s still a quarter of the year remaining! In just 9 months, “UPS has generated more operating profit than any full year in our history,” according to UPS CEO Carol Tome. Let that sink in the next time you’re paying your UPS invoices. ...
Continue ReadingNov 04
2021
Oct 25
2021
UPS, FedEx & DHL Invoicing Costs
Posted: Oct 25, 2021
Looking for ways to reduce shipping expenses but not sure where to start? Lojistic’s free cost savings automation and analytics platform automatically identifies cost reduction opportunities for UPS, FedEx and DHL shippers. Whether it's through ...
Continue ReadingOct 11
2021
FedEx Labor Shortages Cause For Concern
Posted: Oct 11, 2021
In a recent post from Business Insider, FedEx said that it’s rerouting more than 600,000 business packages every single day. ...
Continue ReadingSep 17
2021
FedEx 6% Late Payment Fee
Posted: Sep 17, 2021
In June 2021, FedEx implemented a new late payment fee of 6% for all U.S. FedEx Express and FedEx Ground customers who don’t pay their invoice within their agreement’s stated payment terms (which has historically been 14 days). So, any Express or Ground customer that is past due on a payment will be cha...
Continue ReadingSep 13
2021
Upcoming FedEx Surcharges: Here We Go Again (2021 Edition)
Posted: Sep 13, 2021
New FedEx surcharges are rolling out... again. First, some backstory. At the beginning of the year, FedEx announced that they were implementing peak season surcharges. And in June, they announced increases to thos...
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