As you consider your packing supply requirements, you need to look beyond just buying boxes and dunnage. The larger issues of dimensional weight, increased labor costs, brand perception and environmental impact are important, too. These 7 recommendations will help as you review your packing and shipping processes.
Two months after a similar move by FedEx, UPS announced changes to its dimensional weight pricing schedule – with a twist. See what other changes UPS made, how they stack up against FedEx and what it means for merchant shippers.
The recently announced rate changes from FedEx reflect both the continual cat-and-mouse game with main rival UPS, as well as a bigger hit on ecommerce shippers as carriers look to recover the higher cost of moving more and more online orders. See what analysts and experts have to say about the impact of the new rates.
Nine months into the new world of dimensional weight pricing for smaller parcels, what are merchant shippers doing to address the increased costs?
To save costs, UPS has begun negotiating with major retail shippers about eliminating discounts for large parcels during this year’s peak holiday season.
FedEx’ Q4 top and bottom line fell short of expectations, the latter impacted by pension accounting adjustments and a settlement with California drivers.
Instead of panicking, retailers can embrace dimensional weight pricing as motivation to upgrade operations, making them more efficient and eco-friendly.
The decision by UPS and FedEx to expand DIM weight pricing in January 2015 to parcels under three cubic feet was one of biggest changes to hit retail shippers in years. Here’s how dimensional weight pricing has forced shippers to rethink their entire approach to packaging and shipping, as millions of items that had been billed based on weight alone are now subject to a calculation based on weight and package dimensions.
UPS’s Q1 net income was up 12.6% to $1.02 billion, as executives said they’re making gains in revenue and profitability in its growing ecommerce business.