UPS & FedEx announce rate hikes — SupplyChainDive.com

By 8th & Walton | on November 9, 2023

Photo by Ty Lee on Unsplash

Both UPS and FedEx have announced rate hikes for the new year:

“The delivery giants announced a 5.9% average rate increase on their various shipping services that will take effect on Dec. 26 for UPS and Jan. 1 for FedEx. It’s a smaller increase than the 6.9% bump both unveiled for 2023 as they contend with declining demand.“

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8th & Walton consists of retail industry experts with a combined 200+ years of Walmart and Walmart supplier experience. Having helped hundreds of CPG companies in their efforts to be better supplier partners to the world's most influential retailer, the 8th & Walton editorial team prides itself on being a go-to resource for Walmart supplier news and insights.

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