Every year the major shipping carriers make adjustments to their rates. Here is an overview of the 2024 general rate increases across all major shipping carriers.
Please find the following information for each major carrier below:
effective start dates
average increases across all services
highlights that may be new information for shippers
Please note these are general rates, your individual shipping mix and negotiated rates may vary.
All DCL customers can find updated 2024 rates in eFactory by February 1, 2024. Here's how to find your freight rates in eFactory.
Rate Increase Overview
Carrier | Effective Date | Average Rate Increase |
UPS | December 26, 2023 | 5.9% |
FedEx | January 1, 2024 | 5.9% |
USPS | January 21, 2024 | 2.0% |
DHL | January 21, 2024 | 5.4% |
Pitney Bowes | December 31, 2023 | 4.9% |
Landmark | January 1, 2024 | 0% |
Passport | January 7, 2024 | 5.9% |
Increase Highlights for Each Carrier
FedEx
Effective January 1, 2024
The average rate increase across all FedEx services: 5.9%
Highlights:
This rate increase average does not take into consideration surcharge increases.
Ground residential surcharges increased 6%, air residential surcharge increased 6%. Fuel is always added onto this surcharge and changes weekly.
Delivery Area surcharges increase on average 6%. Fuel is always added onto this surcharge and changes weekly.
Additional handling surcharges increase on average 13%. Fuel is always added onto this surcharge and changes weekly.
Read the full announcement.
UPS
Effective December 26, 2023
The average rate increase across all UPS services: 5.9%
Highlights
This rate increase average does not take into consideration surcharge increases.
Ground residential surcharges increased 7%, air residential surcharge increased 6%. Fuel is always added onto this surcharge and changes weekly.
Delivery Area surcharges average increase of 7%. Fuel is always added onto this surcharge and changes weekly.
Additional handling surcharges increases on average 17%, some as high as 23%. Fuel is always added onto this surcharge and changes weekly.
Remote Residential/ Remote Commercial Surcharges have an average increase of 7%.
Read the full announcement.
USPS
Effective January 21, 2024
The average increase across all impacted products would be approximately 2% if approved.
Highlights:
USPS combining Parcel Select Lightweight & Parcel Select
Below are the cost increases across popular USPS services.
Service | % Increase |
Ground Advantage | 3.7% average increase 1 - 70 lbs |
Priority Mail | 4.8% average increase 1 -5 lbs, zone 2-8 9.0% average increase 1 - 70 lbs |
Parcel Select | 4.8% average increase for 2-9 lbs |
Pitney Bowes – December 31, 2023
The average rate increase across all PB services: 4.9%
Rate increase varies per customer. Average increase of 4.9%
Non Qualified Dimension thresholds have increased
Landmark – January 1, 2024
The average rate increase across all Landmark services: 0%
Rate increase varies per customer. No rate increase for DCL.
This is not the case with most Landmark clients. DCL negotiated special rates for 2024.
Passsport – effective 01/07/2024
The average rate increase across all Passport services: 5.9%
Rate increase varies per customer. Average increase of 5.9%
DHL eCommerce – effective 01/21/2024
The average rate increase across all DHL services: 4.9%
Rate increase varies per customer. Average rate increase of 5.4%
How will these increases affect DCL Customers?
These are generalized rate increases. The changes listed here combined with your individual shipping needs will vary.
Generally, if your brand has any of the following characteristics, it is likely that you will see larger increases than the average percentage stated.
Large packages (additional handling/oversized)
Has a high percentage of long zone shipments
Remote area packages
Dangerous goods packages