Shipping Costs to Increase More than 5.9% in 2024
Reveel's 2024 GRI analysis: Uncover the hidden fees and protect your bottom line from UPS and FedEx's rate increase. Download now!
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By Reveel ·
January 23, 2024
To no one’s surprise, the big two carriers raised rates for 2024, announcing an identical 5.9% general rate increase (GRI). It was smaller than recent increases - but make no mistake, it will drive up the cost of doing business for millions that rely on shipping.
Hidden fees, changing requirements and added surcharges drive actual increases well beyond the reported rate. Reveel’s analysis finds the average customer will pay 7.72% more with UPS and 8.17% more with FedEx.
Download Reveel's 2024 GRI analysis for the true impact of these increases - and learn how to offset them and protect your bottom line.
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