by Oliver Nodjoumi | Industry News, Rate Increases, Reducing Transportation Costs, UPS
Attention Shippers… In case you missed it, your UPS rates from China, Hong Kong and Macau are going up. That’s right, UPS implemented a new “Surge” fee this week. At some level this makes sense. UPS is always going to adjust prices to keep up with their cost...
by Timothy Binkis | FedEx, Industry News, Industry Trends, Parcel, Rate Increases, Reducing Transportation Costs, Supply Chain, UPS
Signed, Sealed… Slaughtered: The Hidden Fees Killing Your Profits You thought the contract was solid. You thought the invoice made sense. You thought you were safe. But just like in every great horror film…the real threat was lurking in plain sight the whole time....
by Timothy Binkis | FedEx, Industry News, Industry Trends, Rate Increases, Supply Chain, UPS
Parcel Carrier Fuel Surcharges were introduced in the early 2000s to address the volatile nature of fuel prices as global oil prices saw significant spikes. These ‘new’ surcharges were initially meant to offset the rising fuel costs carriers faced. It appears...
by Timothy Binkis | FedEx, Industry News, Rate Increases
On Friday September 13th, FedEx announced that their 2025 General Rate Increase (GRI) average would be 5.9%. This is in line with the average GRI increase that they, and UPS had announced for 2024. Shippers are anxiously awaiting UPS’s announcement of their 2025...
by Timothy Binkis | Contract Negotiations, Parcel, Rate Increases, Reducing Transportation Costs
For the past several months, a lot of our posts have taken on a bit of a Medical theme. We have been preaching about the need for Shippers to schedule a “Check Up” with us to help ensure that their Transportation and Logistics programs are healthy. Our...
by Oliver Nodjoumi | Rate Increases, USPS
The U.S. Postal Service has proposed temporary price increases for certain package services during the 2024 peak holiday season. These adjustments, set to take effect on October 6, 2024, and lasting through January 19, 2025, will impact commercial and retail customers...
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