By Stephen Nakrosis 
 

FedEx Corp. on Monday said shipping rates will increase for its FedEx Express, FedEx Ground, and FedEx Freight Services subsidiaries, effective Jan. 3, 2022.

The company also said surcharge changes will also take effect in coming months.

The package delivery company said FedEx Express shipping rates will increase by an average of 5.9% for U.S. domestic, U.S. export and U.S. import services. The company also said shipping rates for FedEx Ground and FedEx Home Delivery will increase an average of 5.9%, adding that shipping rates for FedEx Ground Economy will also increase.

Effective Nov. 1, a fuel surcharge increase will be applied to shipments, including FedEx Express U.S. domestic package and freight services, FedEx Ground and FedEx Freight, the company said.

FedEx also said it will introduce a No Shipment Tendered surcharge and assess a Delivery and Returns Surcharge on packages delivered or returned using FedEx Ground Economy services, among others.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

September 20, 2021 16:46 ET (20:46 GMT)

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