Even as they grapple with declining volumes, UPS and FedEx have both announced their delivery rates will soon increase by 6.9% on average. But the full force of their changes could cost shippers even more.
How much more depends on factors like the services they use, packages they ship and the destinations of their deliveries. Customers also need to consider larger increases for longer-distance shipments, additional handling fees and higher minimum package charges to reduce the sting of the hikes on their businesses.
