Get the latest news on carriers’ general rate increases (GRIs) & any new surcharges in one spot.
After announcing the disappointing fiscal year 2023 Q1 results for the period ending Aug 30, FedEx announced cost-cutting measures, including an average 6.9% general rate increase (GRI) for FedEx Express,
Enriched Freight Data Provides Plenty of Opportunities for the Most Complex Shippers Given the meteoric rise of e-commerce and soaring customer demands in recent years, freight audit and payment (FAP)
During summer, people tend to slow down as the rising temperatures encourage siestas. While sleeping on the job is not approved of by most employers, taking a moment to step
As more businesses call their employees back into the office after years of working from home, Americans are becoming increasingly concerned about rising fuel costs. A host of issues are
Figuring out the most recent surcharges for major carriers has only grown more complex since the onset of the pandemic. Every company went into a continuous peak-like mode as e-commerce
Shipping Goes Omnimodal: The never-ending disruptions affecting today’s supply chains This white paper reviews strategies on how companies are shipping in multiple modes as transportation management and logistics get more
For years, UPS and FedEx have announced the same general rate increase of 4.9%—since 2014. Now for 2022, it has risen to 5.9%. A common mistake is thinking 5.9% will
This time of the year often brings the hassle of general rate increases (GRI) For shippers, this is an average increase of the base shipping rates provided by carriers. This
Often, parcel carriers announce a general rate increase (GRI) to prepare for an increase in standard fees and expenses such as fuel costs and third-party handling fees. In recent years,
Less than one week ago, the industry learned of FedEx’s decision to suspend its Money-Back Service Guarantee, and now UPS has announced its 2022 GRI that will match FedEx. With
FedEx has once again forged a path of uncertainty as the apex of peak season draws closer. FedEx has announced a suspension of their money-back service guarantee across multiple services
Ongoing pressure to increase shipping volume and speed has once again led another major carrier—FedEx—to implement new shipping rate increases for 2022. This is the latest carrier general rate increase
The continued pressure on the logistics industry has led carriers such as UPS and FedEx to implement additional shipping surcharges in advance of the traditional peak season for 2021. As
All carriers are already implementing new peak season surcharges. And with several months remaining until the official beginning of peak — it could be as soon as Halloween if Amazon
The 2021 peak season is shaping up to break records. USPS is getting in on the mix of higher peak costs as Business Insider reports, “On everything from the base
Transportation spend is increasing, worsened by tightening shipping capacity and changing fuel costs. According to the U.S. Energy Information Administration (EIA), the national average diesel price has reached $3.364 per
In May 2021, Intelligent Audit reviewed the recent changes to the UPS peak season surcharges schedule, as well as several implemented and proposed changes to FedEx, USPS and Canada Post
The continued state of disruption and heightened demands due to e-commerce have once again pushed the fringe capabilities of carriers. Starting on June 21, 2021, FedEx has instituted an increase
Thus far, 2021 is on track to provide little relief for shippers stressed over the past year’s peak surcharges. All major parcel carriers have announced or have implemented processes to
The past months have given rise to a series of changes in how parcel carriers accommodate shippers’ needs. And while the money-back service guarantees are indeed back in business, there
Disruption has become the name of the game in today’s world of shipping management. Since Q1 2020, the effects of disruption have precipitated multiple changes to standard rates and surcharges
Recent weeks have not been forgiving for shippers. There was once hope that post-holiday shipping would return to somewhat normal expectations. That’s now long dead. In December, UPS announced it
The logistics industry quivers in anticipation of the most prominent peak season in history. All signs point to unprecedented demand. And as reported by Mark Solomon of FreightWaves, demand will
In the last week, two additional major carriers – FedEx and USPS – announced increased peak season surcharges. This continues to the trend we have seen throughout the COVID-19 crises, but also indicates that we aren’t going to be seeing a return to any sort of normalcy in the near future.
