FedEx Rates Up 3.5%

As part of an announced rate increase for U.S. domestic and U.S. export express package and freight shipments, FedEx admitted FedEx Ground rates would also increase, though that increase won’t be announced until later in the year.

FedEx said the FedEx Express rate increase is composed of a 5.5% average increase in standard list rates and a 2.0% reduction in its fuel surcharge, but the fuel surcharge will also be levied on some transportation-based surcharges such as Residential and Delivery Area surcharges for all domestic shipments. It will also apply to U.S. export and U.S. import FedEx Express shipments paid by U.S. payers.

Additional changes in FedEx Express surcharges will take effect January 1st. Those details are listed on www.fedex.com.

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