What are UPS and FedEx Peak Surcharges? UPS, FedEx and other carriers have responded to COVID by increasing fees and stopping Guaranteed Service Refunds (GSRs) or Late Package Refunds (LPRs). You might notice that UPS and FedEx have added a new type of surcharge, directly related to COVID-19. Both companies have dubbed these Peak Surcharges, with some specific charge names under this umbrella term. The specific surcharges, rates, and applications are being updated frequently as the carriers continue to monitor current events.You can see the latest information using the links below: UPS Peak Surcharge Info FedEx Peak Surcharge Info Why Add Peak Surcharges? More people are ordering packages than ever before, as many retail locations have been closed, and companies have a higher volume while also trying to speed up shipping. Organizations that have switched to online operations are now utilizing shipping services for the first time. Front-line businesses (healthcare, PPE
Hodell-Natco Case Study on how Parcel BI saved over $60,000 in supplier costs on parcel.