What are freight classes? Frеіght сlаѕѕes or classification аrе dеѕіgnеd tо hеlр уоu gеt соmmоn ѕtаndаrdіzеd freight рrісіng fоr your ѕhірmеnt whеn wоrkіng wіth different саrrіеrѕ, wаrеhоuѕеѕ, аnd brоkеrѕ. Freight сlаѕѕеѕ are dеfіnеd bу the National Motor Freight Trаffіс Aѕѕосіаtіоn (NMFTA) аnd mаdе available thrоugh the NMFC or National Mоtоr…
FedEx has an annual revenue of $93.5 billion. Next year, the annual revenue will be even more significant due to FedEx’s yearly general rate increase. The 2024 FedEx General Rate Increase will go into effect on January 1, 2024. FedEx Express shipping rates will increase by an average of 5.9%…
Effective January 1, 2024, all FedEx shippers will experience shipping rate changes. It is important to note that FedEx Express, Ground, and Home Delivery shipping rates will increase by an average of 5.9%. Surcharge 2022 Price 2023 Price 2024 Price Address Correction $19.50 $21.00 $22.50 COD $17.50 $19.00 $20.00 Dangerous…
UPS continues to modify its pricing; UPS peak surcharges and UPS demand surcharges are enormous costs for shippers. UPS started adding to their Peak Surcharges for international US domestic packages. These modifications are significant and will undoubtedly impact many shippers. UPS Demand Surcharge – Large Packages and Additional Handling An…
The residential surcharge is among the most common and substantial surcharge fees for 98% of all FedEx and UPS shippers. Therefore, a shipper must consider the impact and compare FedEx and UPS applications during contract negotiation. This consideration includes much more than just the discount offered. Therefore, consider a few…
