The dust has settled on FedEx Corp.’s and UPS Inc.’s headline tariff rate increases for 2024. Both carriers have clocked in with 5.9% general rate increases (GRIs), 100 basis points below the record 6.9% increases for 2023.
As always, though, the real action is going on under the hood. The carriers will go to market with an array of rate increases and delivery surcharges that vary depending on the specific service, distance, weight and other factors. Those are the numbers that shippers and their...
https://www.freightwaves.com/news/fedex-keeps-rate-surcharge-increases-relatively-modest-for-24