If you’ve been with your parcel carrier – either FedEx or UPS – for a while, chances are you’re not getting the best rates. But you can change that calculus if you’re willing to engage their competition, even if you’re not sure you’d be willing to switch.
For the 2018 peak shipping season, FedEx and UPS aren’t deviating far from the strategy they established for 2017’s holiday season. In fact, this year expenses for shippers will go up, with some of the increases particularly audacious.
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.