Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight Services
15 September 2020 - 6:25AM
Business Wire
FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of
FedEx Corp. (NYSE: FDX), will increase shipping rates beginning
January 4, 2021.
These rate changes enable FedEx to continue investing in service
enhancement, fleet maintenance, technology innovations and other
areas to serve customers more effectively and efficiently.
FedEx Express shipping rates will increase by an average of 4.9%
for U.S. domestic, U.S. export and U.S. import services.
FedEx Ground and FedEx Home Delivery shipping rates will
increase by an average of 4.9%. FedEx SmartPost shipping rates will
also increase.
FedEx Freight shipping rates will increase by an average of 4.9%
for customers who use FXF PZONE and FXF EZONE, and by 5.9% for
customers who use FXF 1000 and FXF 501 for shipments within the
U.S. (including Alaska, Hawaii, Puerto Rico and the U.S. Virgin
Islands) and between the contiguous U.S. and Canada. FedEx Freight
shipping rates will also increase for shipments within Canada,
within Mexico, and between the contiguous U.S. and Mexico.
The list of delivery area surcharge U.S. ZIP codes for FedEx
Express, FedEx Ground and FedEx SmartPost will also change
beginning January 4, 2021.
The following FedEx Express, FedEx Ground and FedEx Freight
surcharge changes will also take effect January 18, 2021:
- There will be changes to how Additional Handling Surcharge is
assessed for FedEx Express and FedEx Ground packages.
- FedEx Freight will introduce a High Cost Service Area Surcharge
applicable to shipments under a certain classification of base
rates and within select U.S. ZIP Codes.
- Certain U.S. locations will be assessed an International
Out-of-Delivery-Area Surcharge or an International
Out-of-Pickup-Area Surcharge for FedEx International Express
Freight® services.
Beginning February 1, 2021, there will be changes to how fuel
surcharge is assessed for U.S. FedEx Express Freight shipments.
FedEx will implement a late fee for U.S. FedEx Express and FedEx
Ground invoices not paid according to approved payment terms
beginning January 2021.
Details of all changes to rates, surcharges and fees are
available on the FedEx website at: http://fedex.com/rates2021.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses
worldwide with a broad portfolio of transportation, e-commerce and
business services. With annual revenue of $69 billion, the company
offers integrated business solutions through operating companies
competing collectively and managed collaboratively, under the
respected FedEx brand. Consistently ranked among the world’s most
admired and trusted employers, FedEx inspires its more than 500,000
team members to remain focused on safety, the highest ethical and
professional standards and the needs of their customers and
communities. To learn more about how FedEx connects people and
possibilities around the world, please visit about.fedex.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200914005843/en/
Chris Allen FedEx Media Relations 901-530-4162
chrisallen@fedex.com
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