Understanding the Increased Rates of FedEx and UPS for 20205 min read

Every year, shipping carriers increase the rates for their services, hitting retailers below the belt, as if the damage they do during the holiday season weren’t enough.

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.