As we approach January 27th, the start date of USPS 2019 rate increases, we thought it would be helpful to provide some resources around industry-wide rate increases. New year, new shipping rates. Right? With a fairly substantial increase in fuel surcharges beginning in September, FedEx, UPS, and USPS have all announced their increases.
Here at Pacejet, we want to help you understand what increases have occurred, where to find the most up-to-date information, and how to still maintain an ROI on your shipping strategy in 2019.
Rate changes for USPS, FedEx, and UPS below:
USPS - effective January 27th, 2019
Click the headline above to see the most up-to-date fee charts for the USPS rate increases that may impact your business. Here are a few key increases to note:
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Priority Mail Express will increase by an average of 3.9%
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Priority Mail will increase by an average of 5.9%
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Mailing Services product prices will increase by 2.5%
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First-Class Package Service will move to zone-based pricing
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First-Class Mail Forever stamps will increase from $.50 to $.55
FedEx - Effective January 7th, 2019
Click the headline linked above for the most up-to-date fee charts that took effect for FedEx customers earlier this month. For a quick overview of some of the impacted shipment styles, see below:
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FedEx Express and FedEx Ground will increase by an average of 4.9%
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FedEx Freight will increase by an average of 5.9%
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Look out for changes to FedEx surcharges and minimums
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FedEx Express and Ground minimum increases will range from 3.5% to 5.4%
UPS - Effective December 26th, 2018
UPS fee increases have been live for about a month at this time. Click the link above to see the most up-to-date fee charts for UPS. How are these fees impacting your spend?
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The rates for UPS Ground, Air, and International services will increase an average of 4.9%
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Fuel surcharges will apply to Additional Handling, Over Maximum Limits, Signature Required and Adult Signature Required accessorials
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$2.00 processing fee per package will be charged when Package Level Detail (PLD) is not provided to UPS prior to delivery
Utilize a multi-carrier shipping network for lower costs in 2019
Pacejet understands that rate increases are always going to be a part the industry. With tools like our rate shopping built directly into our platform, customers have the ability to find the best rate per shipment making fees transparent before your packages or pallets even leave the warehouse.
We offer a complete network of carriers including regional and national parcel, LTL, and 3PL options. As a user of Pacejet, you have the option to add or change your carrier connections at any given time to better fit your business goals and needs, putting the amount of how much you spend per carrier in your hands.
Learn more about Pacejet
Pacejet helps you transform the shipping dock into a launching pad for profitability. This starts with a best-in-class cloud-based solution, surrounding it with the consultative support that enables customers to thrive in the 21st-century shipping economy.
For more information on Pacejet shipping software, visit http://pacejet.com, call 877-722-3538, or email info@pacejet.com.