FedEx Early Retirements = Opportunity for Shippers

Charles Popick Shipping Costs Leave a Comment

If you haven’t done a Transportation Request for Proposal (RFP) in the last 18 months, NOW is the OPTIMAL opportunity. In recent times, the global transportation industry has faced unprecedented challenges, with even industry giants like FedEx feeling the impact. The recent decision to lay off pilots and the reported downturn in business serve as a stark reminder of the need for …

Global logistics concept with transport industry icons over grid background

Supply Chain’s Rising Costs

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Whether your company has adapted a calendar year or fiscal year ending policy and with our current economic situation and a continued looming recession on the horizon always being talked about, each company needs to develop their Supply Chain strategies that will transition from surviving to thriving is 2024.

Shipping freight by train

2023 Outlook by Transportation Mode

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What to Expect in the Coming Year? Forecasts show 2023 as an opportunity for Shippers to contract lower rates across the board. 2022 was a pivotal year seeing the end of hyper inflated consumer demand coupled with capacity shortages. Reduced transportation labor force due to covid, congested corridors and equipment shortages with lower service reliability were the norms in 2022.  …

FedEx UPS Rates

FedEx and UPS Announce 2023 Rate Increases

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Can the shipper manage through FedEx and UPS’ complex increases for 2023? UPS announced their 2023 rate increases which will be made effective January 2nd, 2023. The increases came two months after a FedEx announcement of rate increases. Nothing unusual here as both carriers have routinely announced increased rates and rolled out new surcharges /fees despite posting record earnings at …

Global Container Freight Index - Spot Rates

How Far Will Spot Rates Fall

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…and when should shippers consider contract rates? Spot Rates have fallen off the cliff! This time last year, the average cost per forty-foot container (FEU) moving Eastbound from China to Long Beach California cost more than $15,000 and there were additional fees to secure space on the vessel from competition. The capacity climate this time last year was extremely tight and combining that …

FedEx UPS Rates

FedEx and UPS Announce Complex 2021 Shipping Rate Increases

Charles Popick Newsletter, Shipping Costs

Can the shipper manage through these complex rate increases? UPS announced their 2021 rate increases which will be made effective in January of 2021. These UPS shipping rates increases came two months after a FedEx’s announcement of its upcoming  shipping rates increases. Nothing unusual here as both carriers have routinely announced increased shipping rates and rolled out new surcharges / …

Port Crane Containers

2021 Ocean Shipping Outlook

Charles Popick Shipping Costs

Port congestion improving, but post pandemic pricing pressure expected to continue into Q3 & Q4 Congestion at USA seaports is improving but is expected to endure into the summer and possibly through to the end of the year. Gene Seroka, Executive Director of Port of Los Angeles expects the backlog to be eliminated by end of May 2021 or early …

Port of Baltimore

Why Ocean Shipping Rates Are Spiking

Charles Popick Newsletter, Shipping Costs

What is effect of port congestion on contract pricing? Covid-19 has upended nearly every industry and international shipping is not immune. Congestion at US seaports resulting from demand exceeding the supply of port services is complicating the traditional contract signing season. Some shippers are opting to negotiate earlier than usual, some as early as January and February. The effect on …