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Shippers, here's what you need to know about the 5.9% average General Rate Increase FedEx announced on Friday. Author, Adi Karamcheti, with analytical support from data wiz, Courtney Mort, cover: 📦 What service rate increases are above and below the 5.9% average 📦 The significant increase in cost to ship large packages 📦 Higher increases to 2-day services in response to market demands 📦 Year-over-year Minimum Charge increases 📦 Year-over-year Surcharge increases 📦 How shippers should respond to these increases... ...and more. Read the full article here: https://lnkd.in/gMDY4NVQ #logistics #fedex #supplychain

In today's #shippers' market carriers are grappling with uncertainty and the question of how to weather the market shift has been unanswered. Market forecasters are predicting an uptick in volume and rates in Q4 and into 2025. While the market has been challenging, patience and diligence will be rewarded in the future. Continue to partner with shippers and 3PLs. The last few years have taught the tenderers of freight the importance of carrier relationships, if they had not learned that from other times of high volumes. Leverage this awareness - get out there and make visits, publish your available capacity. Make it personal - what is your capacity, what are you seeking to do as a freight carrier, and get in front of people that want to listen. Working with 3PLs may not be your preference, but often they have the most infrastructure to have collaborative conversations and facilitate deals that can win for you! #Logistics #SupplyChain #Reliability

Remember only a short time ago when your freight was sitting on the floor, waiting to be moved, and capacity was hard to come by? Before accepting the current market rates, take a moment to reflect on your carrier pool from 2021/22... These carriers had all the options in the world back then... They could have chosen higher-paying loads or easier lanes, but they chose to move your freight—no matter what rates you were offering at the time... They stepped up when the market was in their favor, and they helped keep your supply chain running. As the market shifts and rates fluctuate, don't forget those partnerships... The same carriers who stood by you deserve your loyalty now. The easiest thing to do would be to chase the lowest rate, but the right thing to do is to stand by the ones who kept your business moving in tough times. Now is the time to reward those who helped you when you needed it most... Build lasting relationships that go beyond market conditions. Elevate your logistics! #FreightIndustry #LogisticsLeadership #CarrierPartnerships #SupplyChainSolutions #LoyaltyMatters #StrongRelationships #MarketShifts #SupportYourPartners #FreightForwarding #SupplyChain

Great article and perspective from John G. Larkin, CFA My key takeaways: -->The trucking industry is facing challenges such as excess capacity, inflation, and low demand. This is not unique to trucking and many industries are feeling the same pressure (e.g. airlines) -->Experts predict a slow recovery, with rates increasing slightly by the end of the year. I agree with this sentiment but as everyone knows, the future is uncertain and humans are terrible forecasters -->Shippers are advised to lock in contracts with carriers. It is always smart to have short, medium, and long-term contracts and flexibility buying directly at market rates. -->The future of the industry is expected to see more technology adoption and consolidation among carriers. Logistics and trucking in particular is a volume game and consolidation will continue on all fronts of the logistics segment.

Aug 26 – Sep 1: Spot market capacity tightened last week, with truckers taking time off for the holiday weekend and shippers moving freight ahead of quarter close. But even with the spike, national average spot rates were down in August for all trailer types. #logistics #trendlines #supplychain

So far 7 shipments going out today. Took a $250 hit on one but ask me why I am smiling. 😁 😊 I don't care about the $250 hit, all I care about is getting my client's shipment moved. It's rare that I miss on the quote, but this is an urgent shipment that needs to del straight through. The freight market is changing. Dang, I'm thinking, it is still January. WTF is going on? It's changing LaShawn Brown and the markets don't give a dang-gone that is January, the market is moving regardless. could probably hold out but I don't have much time. Move the damn load and put a smile on both you and your client's face. #freight #shipping #clientsuccess #customercare #customerfocused #logistics #supplychain #supplychainsolutions #trucking #freightbroker

For FedEx shippers, here are the average rate increases for domestic services in 2025, focusing on zones 2-8: 📈 First Overnight: 5.3% Zones 6 & 7 see the highest increase at 5.6% 📈 Priority Overnight: 5.8% Zone 3 experiences the largest increase at 6.3% 📈 Standard Overnight: 5.7% Zone 3 has the highest increase at 6.3% 📈 2 Day AM: 6.7% Zone 3 faces the largest increase at 7.9% 📈 2 DAY: 6.9% Zones 5 & 6 have the highest increase at 7.7% 📈 Express Saver: 6.4% Zones 5, 6, & 7 see the largest increase at 7.7% 📈 Ground: 6.2% Zone 7 has the highest increase at 6.8% Breakdown by weight: 1-5 lbs: 5.2% increase 6-10 lbs: 5.0% increase 11-20 lbs: 6.1% increase 21-30 lbs: 6.2% increase 31-50 lbs: 6.0% increase 51+ lbs: 6.3% increase To learn more about how we can help you mitigate these increases, please message me directly.

What happens when there is a Port Strike? Outside of the obvious impacts it has with shipping costs and capacity restraints across the country….there is also an economical impact it has for retailers, especially with the holidays approaching. Most containers are being diverted to the West Coast due to the strikes on the East Coast Ports, which will ultimately drive truckload and drayage prices up. Good for the carriers from a profit margin, but a huge econimical impact to suppliers and online retailers. Additionally, we will see a jump in prices for containers and shippers paying for alternative solutions like Air cargo to get their inventory in before Black Friday. But, what happens if these orders don’t make it in time because of delays at the ports? Consumers may rely on your old fashioned in person brick and mortar purchases to facilitate their needs in hopes of having that perfect item before the holidays hit at a reasonable price. So, fast forward to when the container does finally get in…all that inventory is now just sitting, and potentially will force those online retailers to discount those items just to move it out of their warehouse, having a negative impact to their projected profit margins. Rocket Shipping 🚀 #buyerbeware #stikescostmoney #planahead #planahead

The lead in to Labor Day is typically one of the strongest indicators of how the freight market is performing But in the words of Henry Byers, "Boy, did it disappoint this year..." However, there are still strong signs pointing towards an eventual breakthrough for the truckload market, meaning the rest of this year could get hectic very quickly. Let us help you prepare for any outcome - get a quote today: kchtrans.com If you're looking to stay informed on the latest in supply chain news, check out the full episode of Shifting Gears: https://lnkd.in/esXSWcG9 (Data: FreightWaves SONAR) #SupplyChain #Logistics #Transportation #Trucking #Freight #Shipping

With the holiday season approaching, FedEx and UPS have introduced demand surcharges that will affect Q4 shipping costs, with an expected increase of 5-15% for many businesses. Key points include: • FedEx and UPS surcharges start on October 27th and will peak before Thanksgiving. • Residential and air shipments will see price increases of $1 to $2 depending on service level. • Additional handling surcharges and size/weight-based increases are expected to raise shipping costs into December further. In this article, Dileep Kulkarni covers strategies to help businesses mitigate these rising costs, including how they can adjust their shipping schedules and optimize operations.