Parcel carriers OnTrac and GLS US have announced shipping rate increases, with OnTrac raising rates by an average of 5.7% starting January 1, 2025, slightly lower than FedEx and UPS’s 5.9% hikes. OnTrac will also impose higher surcharges for residential deliveries and large packages. Meanwhile, GLS US will implement a 5.9% increase on December 23, 2024, along with higher surcharges. Both companies are seeking to expand their market presence amidst rising operational costs and volume declines, with OnTrac offering volume-based discounts for shippers.

Source: https://www.supplychaindive.com/news/ontrac-gls-us-2025-rate-increases/735400/