It’s that time of year. Rate increase announcements from small parcel carriers have started to come out – which means that you’ll inevitably be paying more for shipping in 2018. But just how much?
FedEx announced its increase in September – an average rate increase of 4.9% for FedEx Express, Ground and Home Delivery. But, that 4.9% increase may just be the start to the changes you’ll see on your invoice next year. It’s important to look at the increases in more detail, and not just the overall average.
The truth is that it can be a much greater increase because in the real world, shipping profiles differ. The actual percentage increase varies depending on service, zone and weight. For example, the more commonly used weight parameters and zones saw an increase greater than 4.9%.
Get an in-depth look at FedEx’s 2018 rate increase and what it will mean based on your unique shipping needs in Transportation Impact’s FedEx Rate Increase 2018 Report. The report will provide a comprehensive look into the changes that FedEx announced last month and help you determine whether it’s time to reconsider your small parcel strategy and budget for 2018.
And, it’s only a matter of time before UPS makes its move on 2018 rate increases. Stay tuned to learn whether the carrier follows suit, announcing similar changes, or if it will deviate from the standard that FedEx set for this year's GRI.
Maximize Small Parcel Savings
Find even greater opportunities to combat rate increases in 2018 by partnering with Corporate United and Transportation Impact. Our Small Parcel Solutions program helps members realize significant and ongoing savings. Contact us today to start your complimentary small parcel analysis and determine your unique savings opportunities.