Recap of Recent Shipping Carrier Rate Increases for Last Half of 2012
by Chelsea Camper | Last Updated June 5, 2023Recently several different shipping carriers have been increasing their rates. We’re going to wrap them all up in a nice little post here that will be updated for the next couple months when/if there are more major rate increases for the last half of 2012
So who started these recent rate increases? Well, it all started with FedEx’s freight rate increase of 6.9%. Next up was UPS’s freight increase of 5.9% and most recently, Old Dominion’s 4.9% base rate increase.
Here’s a list of the recent rate increases. Bookmark this post to keep tabs on the rate increases from major carriers; this post will be updated until the end of the year (2012).
FedEx July 9th Freight Increase
Date Increase Effective: July 9th, 2012
Increase Percentage: 6.9%
Increase Effects: Freight shipments
FedEx Rate Increase Press Release
UPS’s July 16th Freight Increase:
Date Increase Effective: July 16th, 2012
Increase Percentage: 5.9%
Increase Effects: Freight shipments
UPS’s Freight Rate Increase Press Release
Old Dominion’s August 6th Base Rate Increase:
Date Increase Effective: August 6th
Increase Percentage: 4.9%
Increase Effects: Most shipments, but exact percentage will vary for each customer/shipment
Old Dominion Rate Increase Press Release
Looking for ways to keep your prices steady even in the wake of these rate increases? Find out how you can reduce your shipping costs even while your carrier is increasing their prices.
You can also save time and speed your order fullfiment process with shipping label sheets to help keep your customers happy and returning.
Image: Alaskan Dude
