Effective Dec. 29, UPS ground, air and international rates will increase by an average of 4.9%. Keep in mind that there is often a discrepancy between the announced increase and the effect on individual shippers. The team at Shipware provided a breakdown of some areas that will likely provide the most impact for merchant shippers.
FedEx announced its annual general rate increase (GRI) for 2020. Effective Jan. 6, FedEx Express, FedEx Ground and FedEx Home Delivery will increase an average of 4.9%, while FedEx Freight will increase rates by an average of 5.9%. How will this affect individual shippers? Here’s a breakdown of the areas likely to have the greatest impact.