FedEx, UPS 2024 rate increases: What shippers should know

The parcel delivery market may be swinging in shippers’ favor, but UPS and FedEx customers will still have to contend with rate increases for 2024.

The delivery giants announced a 5.9% average rate increase on their various shipping services that will take effect on Dec. 26 for UPS and Jan. 1 for FedEx

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