‘Why did my shipping cost increase at checkout?’
‘Why have shipping costs increased by as much as from China to Europe?’
‘Why do freight rates fluctuate?’
Recently, some customers have reacted to the fact that shipping costs for imports from China have risen.
🚨 Attention! To all our international clients/customers:
Every year, the major shipping companies make adjustments to their Shipping cost. This increase in shipping fee is not in our control…
As we approach the peak season, many businesses and consumers are feeling the pressure of rising shipping costs.
Whether you’re a small e-commerce shop or physical store, understanding the factors behind these increases and looking for ways to mitigate them is essential to maintaining profitability.
Let’s break down why shipping costs are increasing this year and find out how you can save on freight costs.
Freight Rate Increase Overview（DHL & UPS）
The shipping industry has been bracing for a busy Q4 with growing e-commerce demand.
2024 DHL Shipping Rates
DHL Express announced introduce a peak season surcharge starting September 15 to ensure operational continuity during a period of high demand.
This surcharge will continue until January 31, 2025, and may impact your shipping costs.
The charge amounts may change during the demand period. So please stay tuned for DHL’s official website notifications.
Read the full announcement.
2024 Shipping Rates for UPS
Due to the increase in shipping demand, UPS will continue to implement a Surge Fee for selected Asia Pacific exports and imports effective September 15, 2024.
This fee is subject to Fuel Surcharge and will apply based on the billable weight of the shipment.
And Effective September 22, 2024, UPS will revise Surge Fee rates for selected shipments in response to market conditions.
Read the full announcement.
Please note that Surge Fees are subject to change. We should continue to check the UPS.com Shipping Rates.
Why are shipping costs going up?
There are many factors that can affect shipping costs, but today we’re focusing on the biggest factors of this period: Seasonal Challenges and Market Dynamics.
Seasonal sales, such as Black Friday, Cyber Monday, and holiday sales, often lead to a surge in orders, putting immense pressure on e-commerce businesses.
Meanwhile, Peak shipping season is approaching, and freight rates are expected to remain high.
It’s normal for seasonal demand to increase in the months leading up to the holidays.
Here are the Key Factors Driving Shipping Cost Increases：
- The race begins when retailers rush to stock their shelves, and this leads to a surge in orders that overloads available shipping capacity. More shipments mean more congestion at ports and distribution centers, contributing to delays and higher costs.
- Higher demand is expected this year as e-commerce continues to grow. The increased customer demand is putting additional pressure on already congested shipping channels and driving up prices.
- The global economy continues to face uncertainties. Inflation rates remain high in various regions, impacting everything from fuel prices to labor costs. Increased demand for goods and services, combined with ongoing supply chain disruptions, puts upward pressure on shipping rates.
- In 2024, crude oil prices have seen a spike due to geopolitical tensions and supply chain constraints. As shipping companies face higher fuel surcharges, these costs are inevitably passed on to consumers and businesses alike.
We, in Nihaojewelry, have tried our best to keep our costs as low as possible so that our existing and new clients will not be affected by these new charges but seeing as we have no choice.
We appreciate your understanding and we hope to still have you as our valued clients. Thank you!
If you want to better prepare for the peak sales season, this article may help you.
How to save shipping costs on Nihaojewelry during that time？
While there’s not much you can do about the seasonality demand, there are things you can do to get more shipping cost control.
- Choose the most affordable Shipping method- Fedex IP
As of today, we are entering the peak shipping season, and freight rates are set to increase significantly, including for carriers like FedEx, DHL, and UPS.
Shipping costs are rising – and they are a huge expense for e-commerce retailers.
Many online businesses are looking for ways to cut down on this expense and find the cheapest shipping options, regardless of the size of the business.
If your online store is looking for a way to cut down on shipping costs, I think FedEx IP is the best choice.
That’s because we got a discount from FedEx, but it’s for a limited time.
If you have orders needs for the end of the year, now is the time to place your orders!
Don’t miss out on the opportunity to save on shipping costs. Act quickly to ensure your shipments are processed before the price hikes take effect!
On Nihaojewelry.com, there is a shipping cost calculator where you can directly enter the country/region and the weight of the package.
In less than a second, it will help you choose the cheapest transportation method quickly and intuitively.
Nihaojewelry has new shopping ways in the US, Canada, Australia, France, the UK, Spain, Italy, Germany, Netherlands. You can enjoy the free shipping, Why not have a try?
Generally speaking, the cheapest shipping method is also the slowest.
But this is not always the case.
Choose the products from the free shipping zone, if your order is fast enough to catch the stock quantity, their shipping time will be faster, and your goods will be shipped in 24 hours!
Want to choose the cheapest shipping cost? pls, check the Tips & Guidelines.
In Addition, remember to Stock up in advance next time.
Most markets’ peak seasons come at the same time every year.
Avoid last-minute shipping decisions, which can be costly. Plan your shipments in advance to take advantage of lower rates and better availability.
If you prepare ahead of time and communicate those plans with your shipping partner, you can hopefully solidify rates ahead of time.
To Sum Up
In a word, we can’t control the shipping cost increase of these major shipping companies.
While these rising shipping rates expenses can strain budgets, there are still you can do to save shipping costs with Nihao.
Staying informed and adaptable is key to thriving in today’s evolving shipping environment.
Remember, staying informed about industry trends and adapting your approach as needed is crucial for navigating the dynamic shipping landscape.
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