FedEx has officially announced that FedEx Ground and FedEx Home Delivery shipping rates will increase. The rates are planing to be increased by an average of 4.9%. The company also has plans for FedEx Freight to increase rates by an average of 5.9%.
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Effective January 20, 2020, FedEx stated there will be changes to applicable surcharges for FedEx Express and FedEx Ground fuel surcharge assessment. The Memphis based company said it wouldn’t apply additional residential surcharges during the holiday season with the exception of special shipments.
Many businesses will be affected by this rate increase from FedEx.
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