As we navigate through the reality of the 2024 shipping rate increases, I reflect on the continuous challenge these adjustments present to businesses. With my 27 years of experience in the transportation/logistics industry, I've witnessed the significant impact that shipping costs can have on a company's financial health. I'm here to share firsthand insights and strategies to help you manage these changes effectively. Here's a summary of a more in-depth article that was recently published at … [Read more...]
Parcel Carrier Negotiated Shipping Rates: How They Work…
It’s 2018 and UPS and FedEx have once again raised their rates. If your business ships with UPS or FedEx, it is essential that you understand as much as possible about your negotiated parcel rates. Companies that have already negotiated with UPS or FedEx could be paying up to 45% too much on their shipping if they don’t completely understand how the negotiated rates and the negotiation process work. And companies that have never negotiated could be paying up to 70% too much. Who … [Read more...]
Holiday Shipping Guide
Worried your Christmas package might not make it in time? Don't stress, the good folks at Lojistic have you covered. We've compiled all major UPS, FedEx and USPS deadlines for the holiday season in one useful shipping calendar. Share it with your coworkers, family and friends to make sure your gifts show up on time! Download Graphic About Rich Harkey With 27 years of experience working in the transportation/logistics industry, Rich brings a wealth of experience, knowledge … [Read more...]
How To Become a FedEx & UPS Power User
Small parcel shipping has become an integral part of today’s business environment. UPS and FedEx dominate the parcel shipping industry with a combined market share of over 90 percent. This commanding position allows the carriers to dictate pricing and contract rules. Despite the carriers wielding so much control over its users, well-informed Power Users of UPS and FedEx can still maximize their savings potential. Although there are many similarities in UPS and FedEx contracts and pricing … [Read more...]
6 Best Practices To Prevent Shipping Costs From Eroding Your Margins
Businesses have grown to depend on parcel shipping as a lifeline to consumers and clients. The days of just slapping on a shipping label and sending off a package have given way to a complex maze of service levels, pricing, and intricate fees and surcharges. Over the past decade, UPS & FedEx have increased their ground tariff rates 75% and their air tariffs 81.8%. Those aren’t exactly small numbers. What’s worse, is these figures do not include the infamous Dimensional Weight pricing … [Read more...]