You may have heard that UPS and FedEx have implemented a peak surcharge during the COVID-19 crisis. UPS surcharges went into effect on May 31 and FedEx surcharges went into effect on June 8. We understand the impact these kinds of surcharges can have on your business. Therefore, we have made the decision to share the impact by absorbing a significant percentage, ranging from 33% to 100% of each surcharge ourselves (see chart below).
While both carriers have already implemented these surcharges, the surcharge will not become effective for your account until July 9, 2020. Until that time, we will be covering 100% of the COVID-19 surcharges.
Our intention in sharing the costs and delaying the impact is to help mitigate some of the impact to your business. The carriers have not yet communicated when they will eliminate these new surcharges. Once they are gone, you will not be charged these surcharges.
*FedEx Oversize Peak Surcharge is for any package that exceeds 96 inches in length or 130 inches in length and girth.
**UPS Large Package Peak Surcharge uses the formula (L + 2*W + 2*H) and applies if, combined, exceeds 130 inches (330 cm), but does not exceed the maximum UPS size of 165 inches (419 cm).