Please see this document for details:
UPS continues to provide essential service amid the ongoing coronavirus outbreak to support the needs of their customers. Their goal is to ensure businesses and customers are able to meet their shipping needs while demand has increased for shipping services.
Please see this document for details:
With over 13 billion parcels being shipped across the country in a single year, it's all too easy to sign your shipping contract and let your carrier carry on even when there are rate increases. But it's vital to consider how changes in your shipping contract impact your business and to identify what you can do to combat increasing shipping expenditures.
When you review your carrier contracts, you put yourself in a good position for parcel contract negotiation and FedEx and UPS contract pricing optimization. That being said, there are a few things you need to keep in mind when conducting parcel contract negotiation.
Here are a few tips to help you navigate the complexities of carrier contracts:
Review your shipping data
It's impossible to identify where you can save money on your shipping contract without looking back on past shipping history and parcel expenses. However, it can be tricky to review your shipping data alone if you're not entirely sure what to look for. AFMS has the parcel pricing experts you need to review your shipping data and parcel expenses to find where you may be able to save money and strengthen operations.
Avoid the carrier GSR waiver
You never want to sign a GSR waiver when you're negotiating your shipping contract or renewing your contract. Also known as a Money-Back Guarantee waiver, a GSR waiver prevents a shipping client from recovering the costs to ship a package if the carrier delivers the package late. This removes any accountability from the carrier to deliver packages on time.
You never want to sign a contract that keeps your business from capturing refunds or gaining money back when those refunds are justified. Consider having your parcel contract auditing service take a look at the number of times your carrier has delivered packages late from your business to get a better idea of just how much a GSR waiver could hurt your company.
Remember that you're negotiating on your terms
It's crucial to remember when you're going through a parcel contract negotiation that you need to negotiate on your terms, not your carrier's terms. You can negotiate your contract whenever you want, not just when your contract is nearing its expiration date.
Re-negotiating when it works best for you is far more beneficial for your business than waiting until the last minute. It's also important to note that you never want to sign a contract that keeps you from re-negotiating or keeps you from exiting a contract early.
Need help with your parcel contract negotiation? AFMS has you covered. We offer professional parcel contract benchmarking and parcel contract optimization to ensure you're never being overcharged for your shipping. To learn more about parcel contract negotiation and our other services, contact AFMS today.
Carriers guarantee the on-time delivery of all Ground and Express packages. However, did you know that many are not delivered on time? If one of your packages arrives late by one minute or longer, you can recover 100% of the shipping charges under their Service Guarantee Policy.
When your business is paying for shipping, you're not just paying for your parcels and transportation. You're also paying for fuel, zones, residential charges, and surcharges that you may not actually owe.
It's important to have visibility in and access to your transportation spending. Without it, you could be paying additional fines you might not know about. The good news is that there are a few ways you can prevent paying for added fines. Here are a few tips to keep in mind when working with your shippers.
Dimensional or DIM weight pricing is a formula that carriers use to determine the cost to ship a package. DIM weight pricing allows carriers to incorporate the size of the packages they ship into their pricing structure.
The size of a package is important to consider because carriers only have so much room in their trucks to make their shipments. That means that a lighter package in a large box still takes up as much room in the truck as a large, heavy package.
The cost to ship a parcel depends on whichever is greater between the DIM weight and the actual weight of the package. If you have a five-pound item that you're shipping and that item has a dimensional weight of eight pounds, you'll be paying to ship an eight-pound parcel. However, if the parcel has a dimensional weight of eight pounds and an actual weight of 10 pounds, the shipping charge would be for a 10-pound parcel.
Today’s UPS and FedEx contracts are more complicated and difficult to negotiate than ever before.
Before we address the major issues affecting your carrier contracts and how you can successfully negotiate the best
rates possible for your company, I would like to give you a brief background on AFMS and why our advice is worth reading.
FedEx is an essential business keeping commerce moving and delivering critical relief during the COVID-19 crisis. We are still delivering for you under state of emergency and shelter in place restrictions issued in various parts of the world.
Effort is a collaboration with the U.S. Government and Major Retailers
View On FedEx Website
March 23, 2020
MEMPHIS, Tenn., March 23, 2020—FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced it stood up a special operation over the weekend to help the U.S. government quickly move COVID-19 test specimens from more than 50 remote drive-thru testing centers at major retailers across 12 states. This critical mission, led by the White House, Department of Health & Human Services (HHS) and the Federal Emergency Management Agency (FEMA), was a collaborative effort among retailers and healthcare companies to enable quick processing of COVID-19 test specimens to help prevent spread of the virus.