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Navigating 2024: Understanding carriers Rate Changes and How Viabox Can Save You Money

Introduction:

As we step into the new year, major carriers like UPS and DHL have announced rate changes that will impact shipping costs for businesses and individuals alike. In this blog post, we’ll delve into the reasons behind the rate changes from UPS and DHL, effective dates, and how Viabox, a package forwarding service, can help you optimize your shipping expenses.

UPS Rate Changes:

This summer, UPS and the U.S. Teamsters reached a new five-year labor agreement, emphasizing their commitment to their hardworking team and enhancing service capabilities. UPS aims to invest in the best team, innovative technology, and a robust global network to ensure unparalleled speed and reliability. Starting December 3, 2023, UPS Air Freight rates within and between the U.S., Canada, and Puerto Rico will increase by an average net of 6.3%. Additionally, effective December 26, 2023, UPS Ground, Air, and International rates will see an average net increase of 5.9%.

DHL Rate Changes:

DHL, a global logistics leader, is implementing a general average shipment price increase of 5.9% for U.S. account holders, effective January 1, 2024. This increase, varying by zone and weight, supports DHL’s commitment to providing top-quality international services. Some optional services and surcharges will also see an increase. Notably, the European and Middle East International Zone Tables (E and M) will undergo changes, and as of March 31, 2024, the Emergency Situation Surcharge (ESS) will be suspended.
Reasons Behind DHL Rate Changes:

DHL focuses on several key drivers for its annual price increase:

  1. Service Quality: Investments in infrastructure, including a new regional hub in Atlanta and the expansion of the air network, enhance service quality.
  2. Inflation: DHL addresses inflationary pressures both within the U.S. market and those affecting global trade.
  3. Industry-Specific Costs: External factors such as regulatory measures, security, and increasing labor market costs impact DHL’s cost base.
  4. Sustainability: DHL remains committed to sustainable logistics, investing in green solutions such as electric vehicles, Sustainable Aviation Fuel, and carbon-neutral buildings.

Viabox: Your Solution to Save on Shipping Fees:

Viabox understands the importance of cost-effective shipping solutions. By leveraging Viabox’s services, customers can save on shipping fees through:

  1. Repackaging Services: Viabox offers repackaging services to optimize package dimensions, potentially reducing shipping costs.
  2. Consolidation Plans: Viabox provides various subscription plans allowing users to consolidate multiple packages into one shipment, maximizing cost savings.

Conclusion:

As carriers like UPS and DHL implement rate changes to adapt to market dynamics and invest in service quality, Viabox stands as a valuable ally, offering services that can help customers navigate these changes and save on shipping fees. Whether through repackaging or subscription plans, Viabox empowers users to make informed and cost-effective shipping decisions in 2024 and beyond.