No ship! Rates going up in ‘09
November 19, 2008 by Charlie WalkerPosted in: In this week's e-Newsletter, Latest News & Views, Procurement costs, Procurement trends, Purchasing decisions, Supply chain efficiency
Planning for how you’ll budget and handle shipping in 2009?
Get ready for bad news — and more bad news.
For two major shippers, prices will go up.
The third major shipper won’t be raising rates, however. That’s because it’s pulling the plug on domestic air and ground services.
Ouch!
What you can expect, as of Jan. 5, 2009:
- FedEx: Traditional shipping rates will go up 4.9%. Need to ship it express? Prepare to shell out for a 6.9% price hike.
- UPS: Air shipping rates will increase 4.9%; UPS Ground rates will go up by 5.9%.
- DHL: No more domestic and ground services. DHL will continue international express service, but even that’ll be a little tricky because it’s closing most of its U.S. hubs.
