Returning holiday gifts? You're not alone: UPS expects close to 2M returns Jan. 2

UPS expects to ship close to 2 million returns back to businesses on Thursday alone.

Jan. 2 is typically the busiest day for returns of holiday gifts. It's becoming known as National Returns Day. This year, the predicted number is up 26% from last year, marking a possible seventh consecutive record year, according to UPS.

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But it might be a bit more expensive now, as shippers, including UPS and FedEx, are charging an extra $24 for packages weighing more than 50 pounds.

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Previously, the fee didn't kick in until packages weighed 70 pounds.