FedEx ups FedEx Ground, Home Delivery rates by 4.9 percent
FedEx Corp. will increase the standard list rates for FedEx Ground and FedEx Home Delivery by an average of 4.9 percent effective Jan. 1.
The announced increase is in addition to other changes to FedEx Express, FedEx Ground and FedEx Home Delivery surcharges.
These changes include an adjustment to the fuel surcharge for FedEx Ground shipments, which will be assessed on additional applicable transportation-related surcharges.
Memphis, TN-based FedEx previously announced an increase to the net average shipping costs for FedEx Express by 3.5 percent, which is composed of a 5.5 percent average increase in standard list rates, offset by a 2 percent point reduction in its fuel surcharge. These rates are also effective Jan. 1 and apply to U.S. domestic and U.S. export packages and freight.
FedEx also previously introduced a new dimensional weight system for oversized, large FedEx Ground shipments. If the dimensional weight is greater than the actual weight, dimensional weight will apply to FedEx Ground shipments that are three cubic feet (5,184 cubic inches) or greater. This will be effective Feb. 5.
A FedEx Ground dimensional weight customer aid is available at www.fedex.com to assist customers. Complete details on the FedEx Ground and FedEx Home Delivery surcharge changes will be available there on Dec.8.