3 Major Takeaways from the 2021 FedEx and UPS Rate Increases

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FedEx and UPS rates are going up in 2021, and it’s more important than ever that HFA members know how to mitigate the effect on their business. Here are a few things you should know about the changes to come:

  1. FedEx and UPS small package rates are increasing an average of 4.9% – effective January 4, 2021 and December 27, 2020 respectively.
  2. Your actual costs will vary. Depending on the service you use and your package characteristics, you could see increases above or below the average.
  3. Many common surcharges are also increasing. On top of the base rates, you need to be aware of the charges that apply to your shipments and how they’ll affect your total costs.

PartnerShip®, the benefit provider that manages the HFA Shipping Program, has analyzed the FedEx and UPS increases so you can accurately prepare for the new year. Get a simplified explanation of the complicated changes you need to be aware of when you download the free white paper: The Essential Guide to the 2021 FedEx and UPS Rate Increases.

The good news is that HFA members now save up to 45% with FedEx. Enroll in the HFA Shipping Program today to help offset the rate increases.

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