U.S. consumers may not realize it, but the major package delivery providers take advantage of the annual November and December upward spike in package deliveries by making pricing adjustments that add to the cost of those deliveries.
In 2023, however, weaker package delivery trends due to a slowing economy and sliding consumer sentiment may result in the parcel delivery giants actually offering pricing discounts during the peak package delivery season.The package transport data analyst firm ShipMatrix estimates that 82 million parcels per day will be shipped during the peak U.S. holiday package delivery season.
While UPS and FedEx haven’t formally said they’re cutting package delivery rates, customers are also hearing from delivery company sales representatives that discounts are in play in the last quarter of 2023 and that withdrawn package delivery request penalties are being waived, too.