With the continuous turmoil in the logistics industry, the recent logistics prices have been rising with the tide, and the rate of increase can be described as one wave after another.
In addition to the ups and downs of the quotations of forwarders in Moments of Friends, UPS recently launched its second "price increase" since 2021.

 Recently, UPS began to increase the peak season surcharge for parcels sent from Mainland China and Hong Kong, China to the United States from April 18th.
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 This is also another price increase since UPS increased the peak season surcharge on February 28.

 It's up again! UPS once again increased the package peak season surcharges again!

 UPS official website shows that starting from April 18, the peak season surcharges for six global products from mainland China and Hong Kong to the United States have undergone a wave of price increases.
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 UPS’s surcharge has been increased from US$1.13 per pound (about 0.45 kg) to US$1.25 per pound before. Global express freight
UPS's surcharge increased from US$1.93 per pound to US$2.04.

 Over the same period, the surcharges for six types of parcel products sent to the United States from Australia, New Zealand and other Asian countries have also been increased. For example, UPS Global Express has increased from US$0.34 per pound to US$0.45, and Global Express Freight has been adjusted from US$1.25 to US$1.36.

 However, the peak season surcharges for parcels from some European countries to the United States and North America will continue to implement the price policy after February 28, and the surcharges from Europe to the United States and North American countries will implement the policy since November 15, 2020.

 Faced with the wave of e-commerce brought about by the new crown epidemic, the demand for residential delivery has surged, and UPS has also benefited from this wave.
It's up again! UPS once again increased the package peak season surcharges again!
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According to UPS's fourth quarter and full-year performance of 2020, UPS's total revenue in 2020 reached 84.6 billion US dollars, an increase of 14.2% year-on-year; operating profit was 7.8 billion US dollars, adjusted to 8.7 billion US dollars, an increase of 7% year-on-year .

 Nowadays, it is the peak season, and the demand for all kinds of freight is increasing day by day, and even the situation of cabin explosion has appeared one after another. For UPS, this may be a decision made under "reluctant". The increase in surcharges for peak seasons is another "bad news" for many sellers.

 Some sellers said that if UPS's increased surcharge can bring about an increase in logistics speed, that's fine. However, looking at the recent turbulent foreign logistics, I guess it is a bit overwhelming.

 Therefore, in such a market situation, sellers should carefully choose logistics channels based on their own costs to minimize the negative impact of reducing logistics costs.
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