ShipMatrix, Inc. / SJ Consulting Group, Inc.

Announcement: 2024 Demand Surcharges for FedEx and UPS We are sharing the newly released 2024 demand surcharges for both FedEx and UPS. These surcharges will affect additional handling, oversized packages, ground unauthorized packages, and residential delivery charges during peak periods. FedEx: Key surcharges include an increase in fees for oversize and large packages, with a peak surcharge reaching $100 during the holiday season. Ground unauthorized packages will incur a charge of up to $450. UPS: Similar to FedEx, UPS will implement peak surcharges for additional handling and large packages, with peak period fees reaching as high as $495 for ground over maximum limits. Important: The demand residential delivery surcharges will impact all customers, not just those with large shipping volumes. However, they will particularly affect shippers who ship over 20,000 packages weekly. These surcharges will scale based on shipment volume relative to established baselines, with higher charges during peak holiday weeks. Please review these updates carefully as they may significantly impact your shipping costs during peak periods.

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FedEx and UPS are locked in an intense price war this holiday season as both carriers aggressively court smaller businesses for parcel volume. The fierce competition comes amid a shorter shipping season, higher discounts, and a steady decline in overall package volumes since the pandemic’s peak. Traditionally reserved for large-volume shippers, significant discounts are now being extended to small and mid-sized businesses, reflecting a new push from both companies to capture and retain market share. With price cuts and personalized deals, FedEx and UPS are vying to attract even the smallest customers, who increasingly have a wealth of options for delivery services. Great insights by Esther Fung from The Wall Street Journal https://lnkd.in/e8c64qre

Announcement: 2024 Demand Surcharges for FedEx and UPS We are sharing the newly released 2024 demand surcharges for both FedEx and UPS. These surcharges will affect additional handling, oversized packages, ground unauthorized packages, and residential delivery charges during peak periods. FedEx: Key surcharges include an increase in fees for oversize and large packages, with a peak surcharge reaching $100 during the holiday season. Ground unauthorized packages will incur a charge of up to $450. UPS: Similar to FedEx, UPS will implement peak surcharges for additional handling and large packages, with peak period fees reaching as high as $495 for ground over maximum limits. Important: The demand residential delivery surcharges will impact all customers, not just those with large shipping volumes. However, they will particularly affect shippers who ship over 20,000 packages weekly. These surcharges will scale based on shipment volume relative to established baselines, with higher charges during peak holiday weeks. Please review these updates carefully as they may significantly impact your shipping costs during peak periods.

UPS Announces Updated Surge Fees for International Shipments Effective October 13, 2024, UPS will implement revised Surge Fee rates for shipments to and from the U.S. as part of its ongoing efforts to meet customer needs during peak season. These updates apply to various services, including UPS Worldwide Express®, UPS Worldwide Expedited®, and UPS Standard®. The new fees are based on the billable weight of shipments and are subject to change. Shippers are encouraged to review the updated rates and check for future changes on UPS's website before tendering shipments. For more details, visit UPS’s official site. https://lnkd.in/guDfHgp4

We're excited to announce the latest update to the ShipMatrix Easy Track app! With enhanced real-time tracking, instant notifications, and a streamlined interface, managing shipments has never been easier. Track your parcels effortlessly on the go. Learn more here: https://lnkd.in/dqtqyeAk

When preparing for the peak shipping season, understanding the cost implications is crucial. FedEx and UPS, the two major players in the parcel delivery industry, have both implemented peak surcharges that can significantly impact your shipping expenses. To help you navigate these changes, we've put together a detailed comparison of the FedEx vs. UPS peak surcharges. Explore how these fees stack up against each other, and make informed decisions to optimize your shipping strategy this holiday season. https://lnkd.in/ets8YGwz