News / Customers will accept 'double-whammy' of peak surcharges, reckons UPS CEO

UPS is first out of the gates in announcing surcharges for the coming peak season – and its plans are ominous for shippers.

The integrator’s surcharges significantly exceed peak 2023 levels: it has introduced a second demand surcharge for customers that ship over 20,000 packages in a week, which ranges from $1.50-$8.25, on top of the basic demand surcharge of between $0.25 and $2.

For additional handling, customers pay between $7.95 and $9.25, up from $6.90 ...