Did you feel an extra pinch this St. Patrick’s Day? It may not have been because you weren’t wearing green.
On March 17, FedEx released a new fuel surcharge table that reflects a 1.75% addition to domestic Ground and Express fuel surcharges. When the fuel surcharge increases, it not only applies to your parcel base transportation rates, it also applies to major accessorial charges as well, such as Residential, Delivery Area, Additional Handling, Oversize and Signature services.
“This is not an ‘instead of’ move that will alter FedEx’s current practice of adjusting its fuel surcharges as market conditions change,” said AFS’s President of Parcel Scott Lord. “It’s a definitive price increase. But unlike the other price increases that were included in FedEx’s fall GRI announcement, it’s one that shippers didn’t have a chance to plan for in their 2022 budgets.”
For more details about how this will affect your overall parcel costs, check out the table below.