The world as we know it has changed forever, COVID-19 has and will continue to change the way people consume products. This change has caused a disruption in supply chains and logistic principles that we have followed for many years. Until now, FedEx and UPS have experienced surges in shipping volume around various holidays only.
Here at Refund Retriever, we have compiled data to show what is happening with our customers that use FedEx and UPS. How much delay is FedEx and UPS experiencing?
COVID-19: FedEx & UPS Late Deliveries (All Packages – By Month)
COVID-19: FedEx & UPS Late Deliveries (All Packages – By Week)
- December 31, 2019: WHO reports new pneumonia affecting China. Health officials affirm dozens of people affected in Wuhan
- January 11, 2020: Chinese state media reports the death from novel coronavirus.
- January 20, 2020: A patient was diagnosed with novel coronavirus by the state of Washington and the US CDC.
- February 11, 2020: Novel coronavirus renamed COVID-19.
- March 13, 2020: Trump declares a national emergency.
- March 20, 2020: UPS announces new peak surcharges affecting all UPS shippers doing business in China and Hong Kong.
- March 23, 2020: FedEx globally suspends the money-back guarantee and signature requirements.
- March 24, 20202: UPS suspends the UPS Service Guarantee for US shipments.
- March 26, 2020: UPS suspends the UPS Service Guarantee (aka the UPS money-back guarantee) for all shipments.
- April 6, 2020: FedEx enacts temporary surcharges.
- May 26, 2020: UPS announced expansions to their Peak Surcharges for international US domestic packages.
- June 8, 2020: FedEx initiates peak surcharges on SmartPost, oversize and residential delivery charges.
GSR Waiver Due to Covid-19
FedEx and UPS historically have guaranteed all ground and express packages to arrive on-time. If a package is delivered at least 60 seconds late, the shipper is entitled to a full refund of transportation charges. Unfortunately, at the end of March 2020, FedEx and UPS temporarily suspended the guarantees for all packages. Many shippers never knew there was a guarantee on package delivery, but this has shined a light on the policy.
The on-time or it’s free guarantee will come back! Here at Refund Retriever, we are confident the carriers will reenact the policy once the shipping surge subsides. Therefore, here are some charts to show the real impact of late package delivery for FedEx and UPS.
How to Thrive Today
Since FedEx and UPS are temporarily not honoring the on-time delivery service guarantees, how can a shipper reduce logistics costs? Now, more than ever, the cost of transportation impacts eCommerce shippers tremendously.
All shippers receive discounts on published rates based on shipping volumes and how well the carrier agreement was negotiated. Therefore, even shippers with large quantities can be receiving fewer discounts than possible. Let the shipping experts at Refund Retriever analyze your current shipping spend and carrier agreements.
We can benchmark your discount rates to similar size shippers. Are you getting the best ground discount? How low can you negotiate the residential delivery charge? We know. Our experts can price model your packages, find the most cost-effective discount rates, and help negotiate the rates with FedEx and UPS. In conclusion, Refund Retriever will help you through the entire process.