Entries by Tony Nuzio
UPS Announces 2022 General Rate Increases
On Friday, October, 29th UPS announced their 2022 General Rate Increases for the coming year. In their announcement, UPS stated “during this past year we have all experienced change as our businesses and communities navigate through this challenging time. We remain committed to making a difference investing in the strength of our global network of employees […]
Shippers fear ‘catastrophic’ fallout from ‘crazy’ California port fees
As a follow up to our post yesterday, an article in American Shipper today points out the absurdity of the Port of LA and Long Beach’s attempt to penalize shippers for not retrieving their containers in a timely basis. The National Shippers Advisory Council convened a meeting to bash the LA/Long Beach plan. According to […]
West Coast Ports to Assess Surcharges to Ocean Carriers
In an effort to entice the ocean carriers and ultimately the owners of import ocean cargo to move their containers off the dock, the Ports of LA and Long Beach will be implementing a $100.00 per container surcharge for each day a container remains at the dock beyond that sit for more than nine days. […]
UPS’ Profits Top Analyst’s Expectations
According to a report in Transport Topics, UPS with a combination of higher prices to shippers and very strong delivery demand driven by e-commerce orders, topped financial analyst’s predictions to post much higher profits and also raised its operating margin outlook to 13% for 2021 from an earlier target of 12.7%. and as some experts […]
FedEx Suspends Money-Back Guarantee
FedEx Suspends Money-Back Guarantee on US-Based Air Services for The Peak Holiday Shipping Season As reported by FreightWaves, FedEx announced on their website that they will suspend the guarantee on nine separate air services beginning November 1, 2021, just seven months after restoring them. The guarantees will then be restored on Jan. 16, 2022 according […]
