Delivery nation 2021: Surcharges uber alles

For years, delivery surcharges — the fees that carriers charge on top of their base rates — have nicked and cut parcel shippers’ budgets. But what occurred in the past may be nothing compared to what lies ahead, at least for unprepared shippers.

For the record, UPS Inc. (NYSE:UPS) and FedEx Corp. (NYSE:FDX) have announced 4.9% general rate increases (GRI) on parcels tendered by noncontract customers. But that number means little to the millions of the carriers’ core contract customers. Indeed, a...

https://www.freightwaves.com/news/delivery-nation-2021-surcharges-uber-alles

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