FedEx and UPS have raised shipping costs by nearly one-third since 2021, hitting small retailers hard.

FedEx and UPS have increased shipping costs by nearly 33% since 2021, adding extra fees for fuel, rural deliveries, and oddly shaped packages. These price hikes are affecting smaller retailers more, as they don't benefit from volume discounts offered to larger companies. Retailers must now choose between absorbing higher costs or passing them on to consumers, impacting their competitiveness and margins.

4 months ago
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