UPS Fedex Surcharge Hikes Squeeze Ecommerce Sellers
UPS and FedEx have increased surcharges again, adding to the cost pressures on cross-border e-commerce sellers. Logistics companies are facing revenue declines and a wave of bankruptcies, making price increases a survival strategy. The Baltimore bridge collapse has increased the risk of general average. Sellers need to refine their operations and diversify their choices to meet these challenges. This includes optimizing shipping strategies, exploring alternative carriers, and carefully managing inventory to minimize costs and mitigate potential disruptions in the global supply chain.
