Holiday Shipping Costs Rise as FedEx and UPS Extend Surcharge Windows
FedEx(FDX) PYMNTS.com·2024-12-03 18:24
As the holiday shopping season begins earlier and lasts longer, shipping costs are rising sharply, creating additional challenges for retailers and consumers alike as FedEx and UPS extend their surcharge windows this year.Retailers and businesses are struggling with rising costs, as shipping fees have already surged significantly in recent years. FedEx and UPS have implemented nearly 33% price hikes since 2021, driven by rate increases, fuel surcharges and additional fees like premiums for rural addresses a ...