2022 UPS Rate Increase on Ground Services
While UPS has announced a 5.9% average net increase for 2022, lightweight Ground packages are receiving far above this average. The 1 to 20 pound weight breaks show the most substantial increase, topping out at 7.46%, while the 71 to 100 pound weight break falls a bit under the average at 5.67%. When looking at… Read more »
2022 FDX Rate Increase on Ground Services
While FedEx has announced a 5.9% average net increase for 2022, lightweight Ground and Home Delivery packages are receiving far above this average. The 1-to-20-pound weight breaks show the most substantial increase, topping out at 7.46%, while the 71-to-100-pound weight break falls a bit under the average at 5.73%. When looking at Ground shipments by… Read more »
2022 FDX GRI Increase on Domestic Service Levels
FedEx’s General Rate Increase will go into effect on January 3th, 2022. FedEx Express shipping rates will increase by an average of 5.9% for Domestic, Export, and Import services. This is the first time in 8 years that the increase is above the normal, annual increase of 4.9%. FedEx SmartPost shipping rates will also increase.… Read more »
2022 UPS GRI Increase on Domestic Service Levels
UPS is en route with FedEx rolling out their 5.9% average increase, December 26, 2021 for 2022. The highest spikes in services are Next Day Air and 3 Day Select, the latter increasing by 9.50%. These two services could see the most magnitude of usage in 2022 being consumers want low or no cost shipping… Read more »
2021-2022 Carrier Accessorial Charge Increases
Most shippers are aware that weight, zone and service level affect cost. But most are unaware that shipments are subject to accessorial charges which are additional charges not included in shipping cost. Accessorial charges are charged by carriers for package characteristics and value-added services that go beyond the normal pick-up and delivery requirements agreed upon… Read more »
Understanding your shipping data is important this holiday season
Peak Season is approaching. FedEx/UPS and other carriers will be implementing higher surcharges this holiday season. The pandemic continues to change transportation all over the world. October 3, 2021 through January 15, 2022, UPS will apply additional peak surcharges to shipments that qualify as oversized, unauthorized, or require additional handling, in addition to existing charges.… Read more »
Small parcel shipping is ever-changing
Companies are starting to be more proactive in uncovering opportunities to recover money from small parcel carriers due to carrier errors and invoicing mistakes. Carriers are having a difficult time invoicing correctly. For this reason, auditing UPS and FDX invoices are necessary. Areas that need to be audited have changed in the past 12 months… Read more »
Is TMS software a benefit? Maybe…
TMS software can be convenient and handy for some shippers. But what if you’re looking for more than managing inbound and outbound shipments, planning freight movements and estimating shipping costs? TMS software was developed primarily for these areas of focus. If you are looking to audit or optimize your shipping, TMS software does not perform… Read more »
The importance of efficient and accurate reporting and analytics software
Things have changed for shippers since 2019. E-commerce sales were already on the rise before the pandemic, and now sales have increased even more. Prior to the pandemic, consumers did approximately 40% of their shopping online, this percentage has gone up to 60% and is expected to stay at around 55% after the pandemic ends… Read more »
FedEx SmartPost® is now FedEx Ground Economy®
FedEx is taking final mile deliveries in-house. FedEx Ground Economy® will now be responsible for final mile deliveries seven days a week. Previously, FedEx SmartPost® delivered packages to a USPS facility for final delivery by the postal carrier, service was available on a regular basis 6 days a week, Monday-Saturday with Sunday deliveries available at… Read more »