Analytics can quantify the true increase in shipping rates. The human touch combined with data and analytics, makes for a powerful combination of precise spend management. When it comes to saving time, increasing efficiency and reducing parcel spend, one person alone cannot accomplish these goals. Consequently, 2018 was the 12th year in a row the USPS reported a loss despite growth in package shipping. The Postal Service lost $3.9 billion in 2018. The department relies on the sale of postage, products, and services to fund its operations and growth. USPS is not technically run by the government and subsequently receives no tax dollars for operating expenses. Forever stamps were created in 2007 and are now the majority of 1 oz. This increase in the 1-oz stamp is the largest increase by percentage since 1991. 2019 includes a 5-cent increase in the price of a forever/1 oz. Unlike FedEx and UPS, the Postal Service does not add surcharges for fuel, residential delivery, Saturday delivery fees or peak-season delivery. USPS has some of the lowest postage rates and offers a great value in shipping. Residential Surcharge: $0.20 to $0.25 increase.Additional Handling Surcharge (Dimension) $1.50 increase.Here are a few of the most common accessorial fees and this year’s increase. Small package services see 36 surcharge price increases and an additional 20 increases for FedEx freight. In addition to the general rate increase, shippers also saw an increase in 56 accessorial surcharges. FedEx Freight shipping rates have seen the highest increase of 5.9% on average for services in North America. Ground and Home Delivery shipping rates have also increased by an average of 4.9%. FedEx express increased shipping rates by an average of 4.9% for domestic and international services. Respectively, FedEx shippers saw rate increases as of January 7th, 2019. Large package surcharge – $15.00 to $25.00 increase.Additional Handling: $2.25 to $4.00 increase.These are in addition to the many accessorial fee increases covered here. Fuel surcharge now applies to Additional Handling, Over Maximum Limits, Signature Required and Adult Signature Required accessorial fees. In addition to daily package rates rising, other changes will increase your shipping charges. The total domestic rate increase came out to a 6.17% rise in shipping costs. The rates for UPS ground, air have increased an average net of 4.9% as of December 26, 2018. To begin, let’s look at the 2019 rate increases and provide some helpful advice to lower shipping spend. Accordingly, we have a working knowledge of shipping costs and how they affect you as a shipper. Here at Refund Retriever, we audit FedEx and UPS shipments for late deliveries and other billing mistakes. Refund Retriever’s primary focus is FedEx and UPS parcel invoice auditing.įedEx, UPS, and USPS increase shipping rates and alterations at least once a year. This is a guest post from Brian Gibbs of Refund Retriever. Brian founded Refund Retriever in 2006 while running his first eBay based business and seeing the shortcomings of other shipment auditing companies.