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© Rafael Henrique |

FedEx and UPS continue to move in lockstep as far as pricing is concerned, but their financial results are far apart.

As in previous years, the two large integrators have announced identical rate increases for the coming year. Having raised domestic parcel charges by 5.9% last year, they are hiking prices for 2023 by 6.9%.

FedEx announced its new rates in late September and UPS followed suit a month later.

The new UPS rates will kick in on 27 December, alongside increases in ...

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