This year, there have been identical rate increases across both carriers on multiple services.
FedEx has announced its General Rate Increase (GRI), which will be effective from January 6, 2020, with an average increase of 4.9% on Express shipments and 5.9% on FedEx Freight.
UPS, on the other hand, will increase the rates of its services an average of 4.9% effective from December 29.
However, one can see an increase of more than 11% in certain cases.
Being aware of shipping rates can help you plan out your shipping strategy in advance and put you ahead in your last-mile game.