FedEx to Increase Shipping Rates for Express, Ground and Freight Services
September 15 2015 - 5:00PM
Business Wire
FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of
FedEx Corp. (NYSE: FDX), will increase shipping rates effective
January 4, 2016.
FedEx Express will increase shipping rates by an average of 4.9%
for U.S. domestic, U.S. export and U.S. import services.
FedEx Ground and FedEx Home Delivery will increase shipping
rates by an average of 4.9%. FedEx SmartPost rates will also
change.
FedEx is also increasing surcharges for shipments that exceed
the published maximum dimensions (“unauthorized packages”) in the
FedEx Ground network and updating certain fuel surcharge tables at
FedEx Express and FedEx Ground effective November 2, 2015. Details
of these changes will be available on fedex.com by September 23,
2015. Unauthorized packages that exceed the length or weight
limitations of the FedEx Ground network are handled at the option
of FedEx Ground. The changes related to fuel and unauthorized
surcharges are in response to changing industry demand dynamics,
including increases in average package size and weight and
increased residential deliveries.
FedEx Freight will increase shipping rates by an average of
4.9%. This rate change applies to eligible FedEx Freight shipments
within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S.
Virgin Islands), between the contiguous U.S. and Canada, within
Canada, between the contiguous U.S. and Mexico, and within
Mexico.
Details of all changes to rates and surcharges are available at:
http://www.fedex.com/rates2016
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses
worldwide with a broad portfolio of transportation, e-commerce and
business services. With annual revenues of $47 billion, the company
offers integrated business applications through operating companies
competing collectively and managed collaboratively, under the
respected FedEx brand. Consistently ranked among the world's most
admired and trusted employers, FedEx inspires its more than 325,000
team members to remain "absolutely, positively" focused on safety,
the highest ethical and professional standards and the needs of
their customers and communities. For more information, visit
news.fedex.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150915006557/en/
FedEx Media RelationsBonny Harrison,
901-434-5705Bonny.harrison@fedex.com
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