Managing the Impact of the 2014 Small Package Rate Increases
01/03/2014 — Leah Palnik
FedEx and UPS recently announced their annual small package rate increases. The UPS rate increases took effect on December 30, 2013, while the FedEx rate increases will take effect on January 6, 2014. As always, how much more expensive your particular small package shipments will be in the New Year largely depends on many factors, including shipment volumes, sizes, weights, and modes.
Here are some quick facts:
- FedEx Express package and freight rates will increase an average of 3.9% for U.S., U.S export and U.S. import services.
- FedEx Ground and FedEx Home Delivery rates will increase an average of 4.9%.
- Unlike last year, FedEx will not be offsetting any of its rate increases with decreases in its fuel surcharges.
- UPS Ground, Air and International rates will increase an average of 4.9%.
The important takeaway when thinking about your shipping expenses in 2014 is that the announced average increases paint an inaccurate picture of the true impact these new rate increases could have on your business. If you find yourself confused by rate bases, average increases, and surcharges — rest assured that you are not alone. The small package shipping experts at PartnerShip have dug into the details and analyzed the new rate tables to assess the true impact to shippers and help you make sense of these increases. Click the button below to download the ePaper.
Topics
Awards & Affiliations
