This past May, U.S. parcel shippers were hit with major price hikes from FedEx and UPS when the delivery services implemented domestic surcharges at short notice. UPS increased their surcharges on May 31 with FedEx close behind, increasing surcharges on June 8 to keep up with the competition. With the COVID-19 pandemic increasing the number of e-commerce shipments made, it wouldn't come as a surprise to see these surcharges jump up again soon.
Oversize fees, delivery area surcharges, and accessorial charges are always prepared to increase. That being said, it's important to make sure your business isn't being taken advantage of during parcel contract negotiations. To help you avoid losing money, here are three items your business needs to negotiate with FedEx and UPS throughout the rest of this year.
Oversize fees, delivery area surcharges, and accessorial charges are always prepared to increase. That being said, it's important to make sure your business isn't being taken advantage of during parcel contract negotiations. To help you avoid losing money, here are three items your business needs to negotiate with FedEx and UPS throughout the rest of this year.