Starting June 1st, 2023 Our warehouse fee will be $0.65/cubic foot per month

In effort to lower the warehouse storage fee during inflation, we have went narrow aisle racking.This construction took us four months but the project is finally completed. With narrow aisle racking, we are able to drop storage by 24%.We as partners will go through this inflation together.

Blogs/hot-news

11/10/2024

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FedEx and UPS Slash Prices to Win Holiday Business

    Overview of the Holiday Shipping Landscape

    As the holiday shopping season approaches, major shipping companies FedEx and UPS are implementing new strategies to attract a broader customer base. For the first time, these industry giants are extending discounts typically reserved for large corporate clients to smaller businesses. This move is intended to capture a larger share of holiday shipments amidst a shorter peak season and an evolving shipping market.

    Fedex vs UPS for prices

    Shortened Holiday Season Puts Pressure on Carriers

    This year, the peak shipping season — which runs from Black Friday through December 31 — is five days shorter due to a late Thanksgiving. This compressed timeline is anticipated to intensify the competition among shippers, as they race to handle an expected decrease in holiday shipping volume. Experts note that total holiday package volumes continue to decline from their pandemic-era highs in 2021, adding further pressure on FedEx and UPS to adapt.

    Expanding Discount Programs to Smaller Clients

    In a bid to counteract these challenges, FedEx and UPS are now offering attractive discounts, including fuel surcharge reductions, to smaller businesses. These discounts were traditionally limited to high-volume shippers, but as Robert Persuit of ShipMatrix explains, “No customer is too small to be considered for discounts” this season. Customers with annual shipping expenditures under $500,000 are now eligible for these savings, demonstrating both companies' dedication to broadening their customer base.

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    Rising Competition from USPS and E-commerce Giants

    The competition for holiday shipping dollars extends beyond FedEx and UPS. The U.S. Postal Service (USPS) has seen steady growth in its ground parcel market share, while Amazon now fulfills more than two-thirds of its own deliveries. Walmart has also joined the field with its own same-day delivery services, challenging the traditional carriers to innovate and appeal to smaller e-commerce players.

    FedEx and UPS Claim Market Share Gains

    Despite recent economic headwinds, FedEx and UPS report success with their adjusted pricing strategies. Both companies have reported gains in market share within the business-to-business shipping sector and among high-value e-commerce shipments. This holiday season will be a critical test for both carriers as they strive to sustain and expand their market positions amid increasing competition.

    Simon Mang

    SEO

    Digital Marketing/SEO Specialist

    Simon Mang is an SEO and Digital Marketing expert at Wordcraft Logistics. With many years of experience in the field of digital marketing, he has shaped and built strategies to effectively promote Wordcraft Logistics' online presence. With a deep understanding of the logistics industry, I have shared more than 300 specialized articles on many different topics.

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