While Black Friday and Cyber Monday have passed, we’re still in the thick of the peak shopping season – and shippers are now feeling the pinch of UPS’ Peak Surcharges, which were announced in June and went into effect Nov. 19.
All good coaching staffs commit to a game plan they believe will lead to victory. As the CFO of VeriShip, one of my tactical contributions to our “game plan” is to forecast revenue and expenses, and to project related cash flow.
UPS announced its rate increases, which are effective Dec. 24, 2017. As a shipper, you need to understand the true impact on your business because the announced net average increase of 4.9% doesn’t tell the whole story.
FedEx is challenging shippers to choose between paying more for common service types and surcharges or succumb to the Amazon Effect and fall further behind the marketplace giant and your competitors.
As e-commerce and its burgeoning mobile and social segments continue to change the landscape, FedEx and UPS are breaking out of the transportation silo, their representatives said during PARCEL Forum 2017 last week.
With FedEx’s Sept. 18 announcement of its 2018 parcel rate increases, the GRI season has kicked off. As a shipper, you need to understand the true impact on your business.