MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) will increase the net average shipping rate for FedEx Express by 3.5%, which is composed of a 5.5% average increase in standard list rates, offset by a 2.0 percentage point reduction in its fuel surcharge. The new rates will be effective
The fuel surcharge also now will be levied on some transportation-based surcharges such as Residential and Delivery Area surcharge for all domestic shipments and for those
Additional changes will be made to other FedEx Express surcharges effective
FedEx also will add a new dimensional weight system for oversized, large FedEx Ground shipments. If the dimensional weight is greater than the actual weight, dimensional weight will apply to FedEx Ground shipments that are three cubic feet (5,184 cubic inches) or greater. A FedEx Ground dimensional weight customer aid will be available on fedex.com to assist customers. This will be effective
These rate adjustments from FedEx Express and FedEx Ground allow us to enhance our operations and services so we can continue to deliver a superior customer experience, said T.