Our analysis and data modeling reveals UPS shippers should plan for a 10%+ increase, while FedEx shippers should prepare to pay 12%+. That means you’ll most likely end up paying much more than the advertised 5.9%.

Your actual increase will vary depending on your weight/zone characteristics and service levels used. It does not account for surcharge increases, weight & zone specific rules, and other fees that impact what it actually costs to ship a package. While UPS and FedEx advertise the GPI at 5.9%, that figure is just an average. Will My Shipping Rates Increase By More Than 5.9%? In one particularly egregious situation, a shipper with good payment history was forced to agree to automatic debits as their only invoice payment method. When it’s a “ Carrier’s Market,” the customer often pays the price both monetarily and in the way they’re treated by their carrier. We’ve also heard many stories of bewildering customer interactions, some from companies who have been long-time loyal customers of UPS and FedEx. In 2021, both carriers consistently posted record profits and rolled out several mid-year surcharges while limiting a shipper’s ability to file for late shipments.

The GPI comes after yet another year full of so many blows to businesses who rely on UPS & FedEx. Why not charge more for an extra week during peak season if you’re UPS!Ģ021 Was A Good Year for the Carriers. After all, the higher shipping volumes continue for weeks after December 25. UPS and FedEx copy each other on just about everything so why the difference in effective dates? Is this strategic and deliberate like most other moves made by the carriers? Perhaps UPS implements their GPI right after Christmas to capitalize on seasonal returns and post-Christmas sales. The GPI will be made effective Decemfor UPS and Janufor FedEx. The 2022 General Price Increase (GPI) is 5.9% for both UPS and FedEx and applies only to the weight/zone rates for their Air, Ground and International services. A Free Tool To Combat Expensive Shipping Rates.The Lojistic GPI Report (all the details you need).

The 2022 UPS/FedEx General Price Increase is 5.9% (average).So to see that figure go even higher is a deviation from the recent “norm.” Between 2018 - 2021, UPS and FedEx were consistent with a 4.9% increase. This is a full percentage point higher than the GPI of the previous four years. What is a bit of an eyebrow raiser is the 5.9% mark.

If you’re a UPS or FedEx customer, the only constant is change - in the form of paying more.Īre you looking for the 2022 Annual General Price Increase Report? Click here or on the image below to view/download. The general price increase (GPI) aka “General Rate Increase” or “GRI” is an annual carrier “tradition,” so it should come as a surprise to absolutely no one that shippers will once again be forced to adjust to even higher shipping costs. Both UPS and FedEx are raising their rates by 5.9% for 2022.

Ups shipping rates