Effective June 13, 2021, UPS will apply additional Peak increases to those international shipments originating in Japan destined to Canada. Previous increases, that were set to expire on June 12th, will continue to be applied on a per/pound basis. Depending on the service used, expect to see increases ranging from 67.6%-200% (on a per/lb. basis). All other previously announced surcharges will “continue until further notice”.
Although UPS did not take this opportunity to make changes to key Domestic Peak surcharges (as did FedEx several weeks ago), it is the collective wisdom amongst analysts that suggest additional hikes are on their way.
Specific details can be found at:
https://www.ups.com/assets/resources/media/en_US/2021_UPS_Peak_Surcharges.pdf
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Effective September 13th, Canada Post will increase rates to both Domestic, USA and International parcels. Increase ranging from 2.8% (US /International) to 3.5% (Domestic parcels only). Similar to both UPS and FedEx, other increases center around big, bulky and oversize packages flooding into their network.  Surcharges for Oversize/Unpackaged items will increase from $18 to $25 (38.8%) and Out-of-Spec packages will increase from $300 to $400 (33.3%).
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As a side note, any UPS International Mail Innovations or Purolator customers should expect to see increases to their bills as well. Since Canada Post makes many of the final mile deliveries for both UPS International MI and Purolator, rate hikes are typically treated as a “pass through” charge to the customer.

As always, the pricing professionals at AFMS pricing team will continue to monitor for any changes as they arise.

Effective June 13, 2021 until further notice, the amount of the Peak Surcharges applied to certain international shipments originating from Asia, including Japan will increase. All other previously announced Peak Surcharges will remain unchanged. 
Review a detailed listing of the applicable Peak Surcharges.
Peak Surcharges are subject to change and Peak Periods may be extended or otherwise changed. The latest information on Peak Surcharges will be available at ups.com/peaksurcharge.