As of Monday, November 18, 2019, both FedEx and UPS have announced their 2020 general rate increase and surcharge changes. As expected based on historical patterns, the carriers are implementing very similar rate increases at 4.9% which excludes the numerous surcharge and rating logic changes. Depending on your shipment characteristics, the impact to your business could be drastically different from the announced 4.9% increase.
If you would like to understand these rate changes in more details or more importantly, the impact to your specific business, please contact us at [email protected].
