News / More rate hikes and surcharges on the way – rising costs to blame, says FedEx

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FedEx set an early marker for parcel prices in 2022 with its announcement of a general rate increase, flanked by new or rising surcharges.

On 3 January, the integrator’s tariffs for US domestic, export and import services will rise an average of 5.9%, and the increase also applies to traffic in Canada and Mexico.

The rate hike covers shipments sent on FedEx Express, FedEx Ground and FedEx Freight, while prices will also rise for Ground Economy, the former SmartPost service for which ...