Resource Center/Article01/20/2021

COVID-19 Carrier Surcharges are Back, and E-Commerce is a Priority for Parcel & LTL

Post Peak Season, COVID-19 driven surcharges return, and E-Commerce continues to be a growing priority for LTL and Parcel industries.

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What is the GMT Parcel Benchmark Report? The GMT Benchmark Report is a performance indicator report designed to help Parcel shippers identify the industry best practices and trends that will move the needle for their Parcel networks. Learn more about the report.
The 2020 Peak Season is behind us, and two things remain certain for shippers already operating in 2021: 1) E-Commerce is a priority focus for Parcel and LTL carriers; and 2) peak surcharges aren’t just for peak season anymore. Check out our review of returning 2021 surcharges and their YOY differences.
FedEx announces continued positive quarterly earnings for 2Q 2021, refers to surcharge “new normal”, and highlights cross operational efforts and technology investments – specifically with E-Commerce in mind. Still, investors unsure of meaning behind lower FedEx Ground margin.
UPS ranked #1 On-Time Deliver amongst the Big Three, while preparing for wave of predicted 8.75M returns and continues hiring healthcare logistics employees beyond 100,000+ seasonal employees.
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