The Devil is in The Details Following FedEx’s recent General Rate Increase, (GRI) announcement, shippers are anxiously awaiting the anticipated GRI announcement from UPS. As is customary, there is an expectation that the UPS GRI will be in line with FedEx’s announced 2023 GRI level, which increases rates on average (6.9%). With these annual GRI […]
Everything you need to know about the new FedEx GRIs Well, it’s that time of year again when we start to receive notices of General Rate Increases (GRI’s), for the major freight carriers. To start, this year’s parcel carrier GRI notices have been led by FedEx and of course as we all know, this is […]
According to a report in The Hill, as well as several other sources, the White House-brokered agreement to avert a railroad strike may have the potential to fall apart. That would threaten widespread economic disruption right before the midterm elections. Rail workers are set to vote on the tentative deal reached between unions and railroads […]
As reported in the Wall Street Journal, there’s some good news from Washington, DC. The nation’s largest freight railroads and union leaders reached a tentative labor agreement to avert a nationwide strike that would have crippled swatches of the U.S. economy. White House officials interceded to broker a deal to avoid transport disruptions that could […]
Large Parcel Shippers May Bear the Brunt of the increase! As reported by Supply Chain Drive, and following the lead of FedEx as well as the US Postal Service, UPS has announced their 2022 Peak Season Surcharges. It is expected that UPS’ Peak Season Surcharges will very likely impact high-volume shippers which expect elevated home […]
FedEx Ground made a major business decision that may have repercussions for quite some time. The package delivery carrier terminated its largest contractor just hours after suing him. This has been a contentious situation for months and now it is officially a legal battle. FedEx and its largest contractor, Spencer Patton had been locked in […]
