FedEx Increasing Shipping Rates Next Year
September 20 2021 - 5:01PM
Dow Jones News
By Stephen Nakrosis
FedEx Corp. on Monday said shipping rates will increase for its
FedEx Express, FedEx Ground, and FedEx Freight Services
subsidiaries, effective Jan. 3, 2022.
The company also said surcharge changes will also take effect in
coming months.
The package delivery company said FedEx Express shipping rates
will increase by an average of 5.9% for U.S. domestic, U.S. export
and U.S. import services. The company also said shipping rates for
FedEx Ground and FedEx Home Delivery will increase an average of
5.9%, adding that shipping rates for FedEx Ground Economy will also
increase.
Effective Nov. 1, a fuel surcharge increase will be applied to
shipments, including FedEx Express U.S. domestic package and
freight services, FedEx Ground and FedEx Freight, the company
said.
FedEx also said it will introduce a No Shipment Tendered
surcharge and assess a Delivery and Returns Surcharge on packages
delivered or returned using FedEx Ground Economy services, among
others.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 20, 2021 16:46 ET (20:46 GMT)
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