UPS to reinstate pre-holiday peak surcharges mid-January - Supply Chain Dive
As UPS and FedEx are in the middle of a massive vaccine distribution operation, the carriers are getting affairs in order for their core business come the new year.
This time, UPS' surcharges are based on flat volume, rather than relative volume surge as they were in May, meaning it's possible more shippers may be subject to surcharges come January. And shippers should view "until further notice" to mean "forever," at least for planning purposes, according to Matt Hertz, co-founder of e-commerce consultancy Second Marathon.
FedEx made a similar announcement last week, extending surcharges beyond January, but the surcharges and the services they cover are slightly different.
As UPS and FedEx are in the middle of a massive vaccine distribution operation, the carriers are getting affairs in order for their core business come the new year.
This time, UPS' surcharges are based on flat volume, rather than relative volume surge as they were in May, meaning it's possible more shippers may be subject to surcharges come January. And shippers should view "until further notice" to mean "forever," at least for planning purposes, according to Matt Hertz, co-founder of e-commerce consultancy Second Marathon.
FedEx made a similar announcement last week, extending surcharges beyond January, but the surcharges and the services they cover are slightly different.
