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Industry Shaking Rate Hikes: 2023 UPS & FedEx General Rate Increase

With an average 6.9% increase across the board, UPS & FedEx have officially announced the highest rate hikes ever seen. Actual impact to shippers? Closer to double digits. 😳

Take a look at some of the heavy hitters:

💥 [UPS] Residential Surcharge up 8%
💥 [FedEx] Residential Surcharge up 7.55%+
💥 [UPS] Additional Handling up 13+%
💥 [FedEx] Additional Handling Surcharge up 16+%
💥 [UPS] Large Package Surcharges up 20%
💥 [FedEx] Oversize up 18% for Home Delivery & 19.6% for Ground/Express

Good news! You have multiple levers you can pull NOW to get your supply chain in front of carrier rate increases.

Download the free in-depth report here.

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Thousands of logistics and operations pros love Sifted

Our high shipping volumes can easily drive millions of dollars in surcharges. And in some cases, the surcharges are warranted but in others they’re simply mistakes. With Sifted, we know the difference between the two and can do something about them. We’re having smarter conversations about where to prioritize and apply resources.”

Thomas Ganey
Senior Vice President, Operations
SimpleTire
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Easiest savings we ever found. Sifted set us up and the audit was running. The ‘hard savings’ are nice, but we see the bigger opportunity in the ‘soft’ savings. Sifted has helped us move toward our continuous cost and process improvement goals with real savings and great tools.

Pat Rushton
SVP Supply Chain
The Tharpe Robbins Company
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The initial setup was very, very simple. It resulted in free money that we were not getting otherwise, so it’s definitely worthwhile. Ultimately, that experience and satisfaction with Sifted were what kept us around for the additional offerings.”

William Solomon
Senior Director of Products and Special Products
eSigns.com
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