FedEx and UPS Announce 6.9% Average General Rate Increase for 2023

Two frogs in a pot of boiling water discussing how the government slowly increases taxes and GRIs

Feel like you’re getting burned by parcel costs? A dollar here, a dollar there. A 5.9% “average” increase one year, a 6.9% “average” increase the next. It’s a slow burn that adds up and before you know it, your parcel costs are out of control.

If you haven’t already, be sure to sign up for our webinar on Tuesday, November 1st, with AFS’s Chief Analytics Officer, Mingshu Bates and President of Parcel, Micheal McDonagh. They’ll discuss the dynamics of the 2023 parcel GRI, their combined impact with peak season surcharges and what shippers can do to mitigate it.

Co-hosted by AFS’ Chief Executive Officer, Tom Nightingale and Chief Commercial Officer, Melissa Somsen.

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