Analysis: Parcel Shipping Costs for Most American Businesses Using FedEx and UPS in 2024 Will Increase In Excess of Both Carriers' 5.9% General Rate Increase
IRVINE, Calif., Jan. 10, 2024 /PRNewswire/ -- Reveel, whose Shipping Intelligence™ Platform enables companies to level the playing field with carriers, today announced the results of its analysis of the 5.9% general rate increases (GRIs) unveiled by FedEx and United Parcel Service (UPS) for 2024. Reveel's analysis is designed to provide shippers with an accurate view into how their shipping outlays will change in the coming year.
- Reveel's analysis is designed to provide shippers with an accurate view into how their shipping outlays will change in the coming year.
- Reveel's analysis found that although FedEx and UPS again introduced an identical GRI of 5.9% for 2024, American businesses are again looking at far more substantial shipping cost increases than either carrier's rate card shows.
- "It is absolutely imperative that shippers consider how the new rules, surcharges and fees on tap for 2024 from FedEx and UPS will impact their businesses."
- Shippers are also invited to download Reveel's 2024 GRI Rate Guide to learn more about Reveel's analysis.