Topics: Data Science
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.
Artificial intelligence is poised to transform the supply chain more than ever. But, it will be parcel intelligence companies that will provide the AI data and the ability to make sense of it.
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.