LOGISTICS

UPS to Reinstate Pre-holiday Peak Surcharge Rates Beginning Mid-January

Shivani Salunke | December 23, 2020

UPS to Reinstate Pre-holiday Peak Surcharge Rates Beginning Mid-January
UPS will restore its pre-holiday peak surcharge rates starting Jan. 17, the carrier declared Wednesday.

The January overcharges concealments Ground Residential Service and UPS SurePost, just as enormous bundles and those that require extra taking care of. The extra charges on Ground Residential and SurePost bundles will apply to any shipper that has dispatched in excess of 25,000 bundles in any single week since February. In May, the surcharges applied to any shipper moving 25,000 packages more than its normal volume in February.

UPS will likewise bring down peak surcharges on shipments from China to the U.S., starting Dec. 27, from $1.43 to $2.27 per pound, contingent upon the service, to $1.09 to $1.93, individually.

As UPS and FedEx are in a middle of a massive vaccine distribution operation, the carriers are getting undertakings all together for their center business come the new year.

This time, UPS' surcharges depend on level volume, as opposed to relative volume flood as they were in May, which means it's conceivable more shippers might be liable to overcharges come January. Also, transporters should see "until further notice" to signify "forever," in any event for arranging purposes, as indicated by Matt Hertz, co-founder of e-commerce consultancy Second Marathon.

Spotlight

It's a story we have all heard: nature is a repetitive circle of events. From the grass to the antelopes to the dirt beneath our feet, life moves in a circle, and business practices move in a similar fashion. Reverse logistics could be the business equivalent to the passage of time and life for natu


Other News
MANAGEMENT

Korber recognized by Gartner® in 2021 Critical Capabilities for Warehouse Management Systems Report

Körber Supply Chain | September 18, 2021

Körber has been recognized in all five-warehouse operation use cases in the 2021 Gartner Critical Capabilities for Warehouse Management Systems Report. The Critical Capabilities report, which empowers businesses to align their warehouse complexity with specific WMS solutions, is the sequential report to the 2021 Gartner Magic Quadrant for WMS report that placed Körber as a Leader. "Körber understands that supply chains have become increasingly complex in response to an ever-evolving market, and businesses need help finding and investing in technology solutions to prepare them for whatever lies ahead," said Chad Collins, CEO Software at Körber Busi...

Read More

SOFTWARE AND TECHNOLOGY

Cloudleaf and Tive Announce Technology Partnership

Cloudleaf | September 17, 2021

In the continued expansion of the Cloudleaf solution ecosystem, Cloudleaf, Inc. and Tive® are pleased to announce their technology partnership. Cloudleaf’s SaaS digital intelligence platform leverages supply chain, edge, IoT and contextual data to provide the world’s leading end-to-end supply chain digital twin solution to manage risk and volatility in product flows. Tive helps shippers and logistics service providers (LSPs) eliminate preventable shipment delays and damage with enhanced visibility through its top-class portfolio of IoT devices, software and monitoring services. Together Cloudleaf and Tive are providing organizations with real-time location and ...

Read More

SUPPLY CHAIN

Blume Global Announces New Investment by Bridgepoint

Blume Global | September 16, 2021

Blume Global, a leading provider of supply chain execution and visibility technology, today announced it has raised new equity from London-based Bridgepoint Group. This investment will further the company's effort to bring its truly innovative and transformational supply chain digitization to the industry. This latest funding values Blume Global at $500 million, and Bridgepoint joins funds managed by affiliates of Apollo Global Management and EQT as equity investors in the company. Launched in 2018, Blume Global provides a cloud-first, intelligent operating platform that orchestrates global supply chain processes through a digital map of the supply chain world for thousand...

Read More

SUPPLY CHAIN

Turvo Launches Partner Program to Accelerate Supply Chain Transformation

Turvo | September 15, 2021

Turvo, provider of the world's leading collaboration application designed for the supply chain, today announces the launch of its new partner program to connect the growing ecosystem of companies driving supply chain improvements and accelerating transformation. Dozens of strategic partnerships have already been established with even more in progress. Building An Ecosystem Of Innovators "Collaboration is at the heart of the supply chain," said Scott Lang, Chairman & CEO of Turvo. "The disruptions from the pandemic have especially shown how important it is to work together effectively both inside and outside your organizati...

Read More

Spotlight

It's a story we have all heard: nature is a repetitive circle of events. From the grass to the antelopes to the dirt beneath our feet, life moves in a circle, and business practices move in a similar fashion. Reverse logistics could be the business equivalent to the passage of time and life for natu

Resources

Events

Conference