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Shipping Industry Update #1 9/9/16 - UPS Announces 2017 Rate Changes - USPS Rate Change for First Class Packages - Hanjin Shipping Troubles

Posted by Jason Archambault on 9th Sep 2016

Shipping Industry Update #1 9/9/16 - UPS Announces 2017 Rate Changes - USPS Rate Change for First Class Packages - Hanjin Shipping Troubles


http://www.fastpack.net

Thanks for watching our 1st Episode of "Shipping Industry Updates"
For more information on the topics we covered today, visit the below links.

2017 UPS Rate Increase Announced:
http://rates.ups.com/
http://parcelindustry.com/article-4734-UPS-Rate-Hi...

1 to 3 ounce First Class packages increase to $2.62:
https://www.google.com/#q=usps+first+class+increas...

Also something that we left out in the video, that may interest some of you. Hajin Ocean Shipping (International Container Shipping) has run into some kind of financial trouble and it is estimated that $14 Billion worth of goods are stranded on vessels still at sea, that cannot come into port for fear of being repossessed, and some ports will not let them dock for fear they will not get paid to unload the vessels. Ocean freight is shooting up on this news. One has to wonder, are some of those goods time sensitive, meant for the holiday season? What happens if retailers do not get them in time?
https://www.google.com/#q=hanjin&tbm=nws