Indian shippers face cost shocks as carriers bring in crisis price hikes
Indian cargo owners are facing multiple shipping cost shocks, even as they work through sailing ...
Cargo © Andreistanescu
By Alex Lennane
’To serve you better, we have raised our prices’ – again: FedEx is to implement another round of increased surcharges in June, citing increased volumes and related costs.
On 21 June, the integrator will raise surcharges in three segments: for residential deliveries on domestic air and ground deliveries, it will double from $0.30 cents per package to $0.60 cents; and for residential deliveries, its Ground Economy product (formerly SmartPost), will go up 33% from $0.75 cents to $1 per package.
FedEx’s additional ...
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