FedEx is raising its shipping rates

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FedEx is raising its shipping rates
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FedEx will increase its shipping rates starting in the new year, the company announced. Starting Nov. 1, a fuel surcharge will be added to certain FedEx shipments, including FedEx Express, FedEx Ground and FedEx Freight shipments.

The increase is set to take effect on Jan. 3, 2022, and will apply to all US domestic, US export and US import services. FedEx Ground, which delivers to businesses, and FedEx home delivery will increase by an average of 5.9%. FedEx Freight customers could see an increase of up to 7.9%.Freight shipping rates will also increase for shipments within Canada and Mexico, as well as between those countries and the contiguous United States, the company said.The shipping crisis is getting worse.

1, a fuel surcharge will be added to certain FedEx shipments, including FedEx Express, FedEx Ground and FedEx Freight shipments.Read More"These changes reflect incremental costs associated with the challenging operating environment," the company said in a statement.Last month, the United States Postal Service requested a temporary price increase on a variety of mail services for the peak holiday season to offset rising delivery costs.

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