Surcharges

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Explore our comprehensive news and updates to stay ahead of the curve in logistics.

Aug 16

2024

2024-2025 UPS & FedEx Peak Season Demand Surcharges

Posted: Aug 16, 2024

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...

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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...

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Sep 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...

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Mar 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...

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Mar 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...

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Nov 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. ...

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Sep 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...

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Sep 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!...

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Sep 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...

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May 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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