Week in Review: And the Rate Increases are Rolling In

| MCM Staff

The major package carriers’ general rate increases for 2016 are rolling in… just in time for the holidays! Here’s a look at what the carriers are doing, plus the news, commentary and events that shaped the direct-to-customer world last week…

UPS, shipping, financial results, operations and fulfillment, FedEx, TNT

UPS Announces 2016 General Rate Increase of 4.9% to 5.2%

| Rob Martinez

Effective December 28, UPS Ground rates and accessorial charges will increase by an average net 4.9%, and UPS Air and International services and accessorials, including UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 5.2%.

Singapore Post Making Mega Moves in the U.S.

| Tim Parry

A week after it took a majority stake in ecommerce logistics provider Jagged Peak, Singapore Post announced an agreement to acquire TradeGlobal, an omnichannel provider of end-to-end ecommerce services. Here’s what it all means for U.S,-based merchants who are looking to grow their cross-border sales.