Editor's Note: Updates to this post will be made throughout Peak Shipping Season. Peak Shipping Season runs from September 2024 to January 2025 Every year there’s a spike in deliveries during the holidays. As a result, the carriers make adjustments to their networks. And to ensure they’re as profitable as ever, both UPS and FedEx...
Continue ReadingAug 16
2024
Mar 05
2024
What is a Parcel Audit?
Posted: Mar 05, 2024
Parcel Auditing 101: Take Control of Your Invoices Shipping invoices frequently contain errors, and if you’re not analyzing yours for accuracy, you could be overlooking some serious savings. Smart businesses conduct regular parcel audits to optimize their shipping operations and ensure they’re not paying carriers a dollar more than they’re due. Whether you send out...
Continue ReadingSep 28
2023
What Are UPS and FedEx Address Correction Fees?
Posted: Sep 28, 2023
Freight and parcel carriers, especially the UPS/FedEx duopoly, are really clever in how they squeeze profit from their customers. Accessorial fees are one of the largest profit generators for the carriers. Every UPS or FedEx invoice is littered with costly add-ons otherwise known as accessorial fees. And most customers simply pay it. It’s accepted as...
Continue ReadingMar 22
2023
5 Ways Business Intelligence Software Can Help Businesses Overcome Shipping Challenges
Posted: Mar 22, 2023
Are you a parcel shipper feeling overwhelmed by the shipping industry's complexities, difficult-to-work-with carriers, and the always-rising costs to ship a package? You're not alone! Businesses are often left in the crossfire of balancing rising costs and ever-increasing customer expectations. In this article, we'll discuss 5 shipping-related headaches that businesses face and how Business Intelligence...
Continue ReadingMar 10
2022
FedEx International Services Peak Surcharge Update
Posted: Mar 10, 2022
FedEx has updated its peak surcharges. Again. This time it’s for international services. If you’re looking for the surcharge details, click here. Or read below for more information on how you can determine the impact surcharges have on your business. From FedEx (view on FedEx's website here): Beginning March 7, 2022, the Peak Surcharge amount...
Continue ReadingNov 04
2021
UPS Sets Record Profits for a Year...in 9 Months
Posted: Nov 04, 2021
UPS recently announced they had their most profitable year ever - and there’s still a quarter of the year remaining! In just 9 months, “UPS has generated more operating profit than any full year in our history,” according to UPS CEO Carol Tome. Let that sink in the next time you’re paying your UPS invoices. ...
Continue ReadingSep 17
2021
FedEx 6% Late Payment Fee
Posted: Sep 17, 2021
In June 2021, FedEx implemented a new late payment fee of 6% for all U.S. FedEx Express and FedEx Ground customers who don’t pay their invoice within their agreement’s stated payment terms (which has historically been 14 days). So, any Express or Ground customer that is past due on a payment will be charged an...
Continue ReadingSep 13
2021
Upcoming FedEx Surcharges: Here We Go Again (2021 Edition)
Posted: Sep 13, 2021
FedEx surcharges are going up again, and shippers need to know about and prepare for what's coming. Watch our new video to find out!...
Continue ReadingSep 09
2021
UPS and FedEx Peak Holiday Shipping 2021
Posted: Sep 09, 2021
Shipping with UPS and FedEx continues to get more and more expensive - especially during the holidays. Editor’s Note: We’ll continue to keep this post updated with new information as it’s released by UPS and FedEx throughout the peak holiday season. Bookmark this page and check back often to stay informed. Original post date: September...
Continue ReadingMay 26
2021
FedEx Announces A New Peak Surcharge Increase
Posted: May 26, 2021
A number of FedEx's services will be impacted by their most recent surcharge announcement. Effective June 21, 2021 – Peak Surcharges will increase and for some shippers, the increase will be stark. See below for peak surcharge increase details. According to FedEx’s official announcement, the Peak Residential Delivery Charge is increasing by 100% (from $0.30...
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