UPS announced a rate increase for 2024. This is consistent with FedEx. Review your shipping strategy for cost efficiency.
There was a time when choosing the mode for a less than truckload shipment was easy: less than 150 lbs = parcel, 150 lbs or more = LTL. Rising freight costs and new service offerings have made this decision more complicated.
Are you prepared for FedEx’s 2021 general rate increase? Read on to learn the key points of the announcement and what it could mean for your business.