FedEx to Increase Shipping Rates

(I’m gonna go out on a limb here and predict that not a single politician or newspaper editorial board will express outrage at “yet another rate increase” that is three times the rate of inflation!)

Fedex logoFedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates effective January 5, 2015.

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 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/us/2015rates.

FedEx previously announced in May 2014 that it will apply dimensional weight pricing to all FedEx Ground shipments.  That change also takes effect January 5, 2015.