FedEx is raising its shipping rates, but not until the new year.
The increases for FedEx Express, FedEx Ground and FedEx Freight will go into effect on January 3, 2022, and will apply to all US domestic, US export and US import services. FedEx Ground, which delivers to businesses, and FedEx home delivery shipping rates will increase by an average of 5.9%. FedEx Freight customers could see an increase as high as 7.9%. (See list of increases at end of article.)
FedEx said the changes “reflect incremental costs associated with the challenging operating environment, while enabling FedEx to continue investing in service enhancement, fleet maintenance, technology innovations, and other areas to serve customers more effectively and efficiently.”
While the price increases don’t take effect until January, customers could see a price increase before the busy holiday season. Starting Nov. 1, a fuel surcharge will be added to FedEx Express (U.S. domestic package and freight services), FedEx Ground, and FedEx Freight shipments.
The following FedEx Express, FedEx Ground, FedEx Ground Economy, and FedEx Freight surcharge changes will also take effect in January.
Effective January 17, 2022, FedEx Freight will introduce a No Shipment Tendered surcharge that applies when a pickup is performed and no shipment is tendered to the carrier.
Effective January 17, 2022, the International Out-of-Delivery-Area Surcharge and International Out-of-Pickup-Area Surcharge rates will be determined based on the corresponding tier of the ZIP code, postal code, or city of the shipment’s origin and/or destination location for International Express Freight and Parcel services.
Effective January 17, 2022, a Delivery and Returns Surcharge will be assessed on packages that are delivered or returned using FedEx Ground Economy services.
Effective January 24, 2022, Additional Handling Surcharge and Oversize Surcharge rates for U.S. Express Package Services and U.S. Ground Services will be determined based on the shipment’s zone.
Beginning January 3, 2022, FedEx will offer customers who ship internationally an additional option for time-definite deliveries in one to three business days. With the new FedEx International Priority Express service, customers will be able to schedule delivery by noon to select destinations. Early morning delivery will continue to be available through the FedEx International First service and end-of-day delivery to more than 220 countries will continue to be offered through the FedEx International Priority service.