UPS® Peak Surcharges
UPS continues to provide essential service amid the ongoing coronavirus outbreak to support the needs of our customers. Here are the latest updates!
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Articles, News, & Blog - AFMS
"3 Items You Need to Negotiate with FedEx and UPS in 2020"
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.
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Articles, News, & Blog - AFMS
FedEx Shipping Rate Changes | Beginning June 8, 2020
FedEx is an essential business keeping commerce moving and delivering critical shipments to homes during the COVID-19 crisis.
As the impact of the virus continues to generate a surge in residential deliveries and has also generated a surge in oversize, hard-to-handle packages, they have experienced increased operating costs across our network.
To continue providing our customers with strong levels of service during this time, we are implementing three temporary peak surcharges beginning June 8, 2020.
For the rate change details, click here.
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Articles, News, & Blog - AFMS
UPS announces peak surcharges on certain domestic shipments
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Articles, News, & Blog - AFMS
UPS negotiates pricing 'customer by customer' as shift to residential delivery hits profits
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Articles, News, & Blog - AFMS
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:
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Articles, News, & Blog - AFMS
Holiday Shipping Will Be Wild This Year. That’s Good News for FedEx and UPS Stock.
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Holiday Shipping Will Be Wild This Year. That’s Good News for FedEx and UPS Stock. | Barron's
3 Tips to Get Your Business Ready for the Holidays
The holiday season is right around the corner, which means businesses across the U.S. are gearing up for the busiest and most competitive time of the year. For many of those who have experienced financial losses during the COVID-19 pandemic throughout 2020, the holiday season could potentially land your business a good chunk of revenue. But it's crucial that you play your cards right to keep your holiday gains from turning into holiday losses.
That said, here are a few tips you can use to help get your business ready for the upcoming holiday season so you don't find your #business falling behind in the rush.
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Articles, News, & Blog - AFMS
Soon FedEx won't require boxes and labels when you make some returns
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Articles, News, & Blog - AFMS
And Now For Something Completely Different..
#UPS eliminates non-profitable volume to make way for high margin packages, while also preparing to move #COVID Vaccine.
We all have seen the shift from the major carriers trying to deal with capacity constraints and the residential surge. In addition, the onslaught of Peak surcharges and rate increases would make any shipper’s head spin. News of carriers going out to long time customers, both Commercial and Residential, delivering an ultimatum dictating volume limits, time constraints, and increased rates are becoming more commonplace.
One has to ask themselves the fundamental question…why? Well the short version is that each customer is being looked at under the profitability microscope. If they pass, then all is well. If not, then let the adjustments begin.
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Articles, News, & Blog - AFMS
AFMS.COM
UPS Announces Higher Rates in 2021
An erratic peak season gives way to the proliferation of same-day logistics startups and an emerging new hierarchy among shippers.
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Articles, News, & Blog - AFMS
On Monday January 25th, UPS announced that they have entered into an agreement to sell UPS Freight (UPSF) to TFI International (NYSE and TSX: TFII) for $800 million in a deal that’s expected to close during the second quarter of 2021.
In a press release, UPS Chief Executive Officer Carol Tomé commented that “The agreement allows UPS to be even more laser-focused on the core parts of our business that drive the greatest value for our customers.”
Read More Here:
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Articles, News, & Blog - AFMS
