Think you have a handle on carrier rate increases?
Over the past two years, SME has tracked dozens of new incremental price increases, policy changes and surcharges. You need industry experts and sophisticated technology to track these rate hikes and analyze how they impact your transportation budget and forecasting.
Carrier Rate Hike Timeline
Effective November 1, 2020, peak surcharges for some Europe origin shipments will increase.
Effective October 25, 2020, peak surcharges will increase for shipments from China and Hong Kong
Effective Oct 24, the amount of Peak Surcharges applied to certain international shipments including from mainland China and Hong Kong SAR to the US will decline.
Amazon raises USPS rates on Buy Shipping to coincide with USPS temporary commercial price increase
Effective January 4, 2021, FedEx announces an average rate increase of 4.9% for FedEx Ground, FedEx Home Delivery, and either 4.9% or 5.9% for FedEx Freight depending on zone and service level. Select surcharges will increase at a higher rate.
Pitney Bowes announces peak pricing adjustments for its delivery and returns services for the holiday shipping season, not to exceed $1.50 per parcel
UPS SurePost services will increase by $0.24.
LaserShip will implement peak season residential surcharges from Nov 21 to Dec 31
For the first time, OnTrac will implement peak season surcharges effective August 23 through January 16
UPS to increase rates on international parcels from Asia to US effective Aug 30th
Peak surcharges begin October 3 and November 2 depending on surcharge and will end January 17.
For the first time, USPS announces peak surcharges from Oct. 18 until Dec. 27, 2020.
Peak surcharges begin October 4 and November 15 depending on surcharge and will end January 16.
FedEx Express increased international rates from various Asian countries to the U.S effective August 10
Effective July 26, 2020, peak surcharges will increase for shipments from China Mainland and Hong Kong SAR to the U.S.
Effective June 8, 2020 until further notice, FedEx will implement peak surcharges to U.S. domestic Residential, SmartPost and Oversize packages.
Effective May 31, 2020, UPS implements peak surcharges to U.S. domestic Residential, SurePost, and Large packages.
FedEx announces increases in its temporary surcharge from Hong Kong and the Philippines.
Effective May 24, 2020 until further notice, the amount of the Peak Surcharges applied to shipments from China Mainland and Hong Kong SAR to the U.S. will increase. The Peak Surcharge applied to international shipments from all other origins will continue to apply.
DHL Express Emergency Surcharge Adjustment effective May 24.
Effective April 12, peak surcharges will apply to any international shipment from all origins (except China Mainland and Hong Kong SAR) to all destinations.
Peak surcharge increase on UPS Worldwide Express, UPS Worldwide Express Freight and UPS Expedited shipments originating from China Mainland and Hong Kong SAR to North America and Europe effective April 12.
The USPS will temporarily suspend mail service to 29 international destinations effective April 7, 2020. These additional suspensions bring the total number of international destinations suspended to 51.
Amazon prioritizes the supply of key medical supplies to only hospitals and government organizations and has eliminated its standard referral fees through June 30, 2020.
Waives two weeks of inventory storage fees for products stored in the United States, Canada, United Kingdom, Germany, France, Italy, Spain, Poland, and the Czech Republic.
A temporary surcharge on all FedEx Express and TNT international parcel and freight shipments beginning April 6. Surcharge range from $0.11 to $1.00 per kilo depending on the origin and destination.
Waives the April 15 long-term storage fees for inventory stored in the United States, United Kingdom, Germany, France, Italy, Spain, Poland, and the Czech Republic.
Temporarily prioritizes household staples, medical supplies, and other high-demand products coming into fulfillment centers through April 5. For products other than these, Amazon has temporarily disabled shipment creation.
Effective 1st April 2020, DHL Express will temporarily implement an Emergency Situation Surcharge to all Time Definite International (TDI) shipments.
Effective March 24, UPS Service Guarantee is suspended for all U.S. origin shipments (U.S. Domestic and International) at any service level.
Suspends money-back guarantee for all FedEx Express, FedEx Ground, FedEx Freight and FedEx Office service effective immediately until further notice.
Due to COVID-19, FedEx will not require customers to physically sign for most deliveries with the exception of deliveries with adult signature required.
Effective March 2, 2020, new minimum and maximum fuel base ranges will be added for U.S. Ground and Air, Import, and Export services. This will result in higher minimum and maximum surcharges.
Effective March 2, 2020, all UPS® Freight published fuel surcharges will increase by 0.5 points.
Effective March 2, 2020, UPS Freight general rates will increase by 5.4%. The increase applies to non-contractual LTL shipments rated on the current UPS® Freight 525, 560 and 570 tariffs. Rates based on the current UPS® Freight 571 tariff for Mexico will not change.
Temporary surcharge for FedEx International Priority® Freight and FedEx International Economy® Freight from the U.S. to China. According to FedEx, the surcharge is to help make the necessary network adjustments to handle the demand for freight capacity into China due to supply chain disruption in China.
Rate increases for both Mailing and Shipping Services at USPS go into effect today. Services price increases vary by product.
As announced last November, FedEx rate hike of 4.9% goes into effect today.
UPS rate increases of 4.9% go into effect today.
UPS announces rates for its Ground, UPS Air and International services will increase an average net 4.9%. But, also surprised the market with the introduction of several totally new surcharges.
USPS filed 2020 rates with PRC for approval. If approved, rates will be effective on January 26, 2020. Mailing Services product prices will increase by about 1.9%. Shipping Services price increases vary by product.
FedEx announces Peak Season Surcharges for Unauthorized and Oversize ground packages Oct 21 – Jan 5 and for Additional Handling from Nov 18 – Jan 5
FedEx announces 2020 average rate increase of 4.9% effective Jan 20, 2020
UPS introduces UPS Flat Rate Shipping. Pricing options based on package size.
UPS announced Peak Surcharges for Additional Handling, Large Package and Over Maximum beginning Oct 1 through Jan 4 for Large Package and Over Maximum and Nov 24 through Jan 4 for Additional Handling.
The International Air-Import Fuel Surcharge will increase 1.0% for all thresholds.
UPS’ International Air-Export Fuel Surcharge will increase by 0.5% for all thresholds.
UPS Freight announces general rate increase of 5.9%
FedEx’s average 4.9% rate increase for Ground and Home Delivery in effect. Rate increases for SmartPost and other surcharges also announced. In addition, FedEx Freight annual increase of 5.9% becomes effective on this date as well.
Average 4.9% rate increase; fuel surcharges applied to Additional Handling, Over Maximum Limits, Signature Required and Adult Signature Required accessorials; Processing fee of $2.00 per package charged when Package Level Detail is not provided to UPS prior to delivery all goes into effect for UPS customers.
Peak Surcharges on Large, oversize and Additional Handling from both FedEx and UPS. UPS also assesses an additional surcharge on Residential Packages.
UPS decreases the threshold for the Audit Fee to $200.
UPS implements Peak Surcharge through December. Ground Fuel Surcharge increases as well as Domestic Air Fuel Surcharge.
FedEx revises its fuel surcharge table and breaks out International Air Export.
UPS adjusts Ground Fuel Surcharge by 0.50% for all thresholds.
UPS increases Overmaximum and Oversize Pallet Handling Surcharge. Also introduces Audit Fee.
UPS introduces separate surcharges for Domestic Air and International Air Export shipments.
UPS announces LTL rate increase on non-contractual less-than-truckload shipments.
FedEx implements Third Party Billing Surcharge and the SmartPost Dimensional Weighing.