To the surprise of no one, UPS® has announced the continuation of its 2020 Peak Surcharges. This follows the recent, similar extension by FedEx®. Below are the details of the UPS announcement, with some important contrasts noted:

In a year that saw a lot of disruption and pricing volatility in the small parcel marketplace, no one wanted two more confusing and vague carrier General Rate Increase announcements to top it off. But here we are.

UPS has announced their 2021 GRI on SurePost, the second rate increase for SurePost packages since October of this year which saw a $.24 rate hike.

FedEx has announced the continuation of its 2020 Peak Surcharges for Oversize, Additional Handling, and Smartpost past the previously-scheduled end date of January 18, 2021. While the surcharges are not as high as the Peak Season Surcharges, the[…]

In mid-September, FedEx announced its standard 4.9% annual General Rate Increase. Not included was mention of changes to FedEx SmartPost rates — but the small parcel carrier has recently announced it will institute rate increases for this service in[…]

The 2021 General Rate Increase (GRI) by UPS will hopefully be the last major rate announcement small parcel shippers face when figuring their costs in 2020. It’s been a chaotic and busy year for shippers on many levels, one of the hardest parts[…]

As expected, UPS has announced its GRI for 2021. The following are details as presented on the UPS website.

To the surprise of no one, FedEx announced an increase to its rates by 4.9% to 5.9% on many services. These changes take effect beginning January 4, 2021. The 2021 FedEx GRI will impact FedEx’s Air and International, Ground, SmartPost, and Freight[…]

It’s that time of year again. FedEx has announced an increase to its rates by 4.9% to 5.9% on many services, beginning January 4, 2021. Of course, Transportation Impact is hard at work analyzing the details of FedEx’s GRI announcement. We will[…]

UPS has made a short and to-the-point announcement regarding a rate increase for SurePost. Of note is that this increase will be in place for the upcoming peak shipping season. The increase will impact many B2C shippers during their busiest time of[…]