Significant amounts of snow and icy weather invaded the Midwest in the past few weeks, leading to blizzard warnings being issued across several states. Some parts of the United States recorded temperatures colder than Antarctica.
With the addition of G/L Coding Plus, VeriShip provides a streamlined approach to record keeping when it comes to your company’s shipments. This premium feature acts as a checks and balance system for all revenues and expenses, creating a tool to easily track and organize your company’s shipping accounts.
Since 2010, the average rate hike imposed by both UPS & FedEx has been 4.9% every year. With the surcharges and ancillary fees that come with free shipping, some rates could rise to as much as 30% in the near future according to some analysts.
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.
With most UPS shippers a few invoice cycles into this new normal since the Shipping Charge Correction Audit Fee went into effect June 4, the actual impact has come into focus. For nearly 54% of businesses, the results aren’t pretty.
The VeriShip Intelligence Platform (VIP) enjoyed record-breaking, year-over-year gains in time on site (a 377 percent increase) and total users (an increase of 271 percent) during the first four months of 2018.
Companies that ship parcel are able to close the data gaps between what happens to a package before it is manifested and all that happens after, thanks to VeriShip Data Bridge.
Benchmark analytics study predicts the full scope of 2018 parcel rates on shippers.