How Much Can a Company Recover in FedEx and UPS Refunds Annually?

Posted in Shipping Refund Info and tagged on

The average business that tracks and disputes shipping services for delayed delivery can receive FedEx and UPS refunds equating to roughly five to ten percent of their overall shipping costs. That means, for a company that spends just ten thousand dollars on shipping annually, between five hundred and one thousand dollars may be recovered. Many companies that ship frequently spend many thousands of dollars more and are eligible for even greater refunds on their product shipment.

Many factors may impact the arrival of any given shipment. From inclement weather to incorrect sorting, packages can be delayed from reaching their addressed destinations. The companies that are impacted are due refunds when shippers like UPS and FedEx do not meet their deadline. However, all too often, companies do not track all, if any, of their shipments for arrival times. The choice to ignore these details is costly. Though, hiring a full-time employee to examine and dispute late deliveries may be a logical reason to hesitate on tracking shipments.

A company may justify that if they are to pay someone a full-time wage to recover fees, they will not make enough saving to carry the extra employee in the first place. Using a third party company then, is the best way to earn refunds without keeping an extra person on the books. If the company can recover even half of the funds applied for by using a third party service, the effort is well worth the time. Better still, with a third party to conduct shipment tracking and apply for FedEx and UPS refunds, the company doing the shipping has no extra workload to conduct.

The world of shipping and receiving is a complicated environment. When and how to apply for refunds can be confusing. Having professionals go over the finer details to find all applicable refunds is the best option. Then, no business has to decide whether to track cheaper packages or let the less costly ones go unseen. When every package is tracked, the savings merited accumulate quickly. Having a helping hand to cover every loose end is the best way to make the most of a company’s shipping efforts.

Are you sending a out bunch of FedEx or UPS shipments every month? Chances are your invoices contain refund opportunities. Let PackageFox help you save some money.

Audit Your Bills — It’s Free!