On Wednesday, September 16, FedEx announced its annual general rate increase (GRI). Effective January 4, 2016, rates will be impacted as follows:
- FedEx Express will see a 4.9% average increase for US domestic, export, and import services
- FedEX Ground and Home Delivery will also see a 4.9% average increase – with SmartPost rates changing as well
- FedEx Freight shipping rates will increase 4.9% on average, too. This rate increase applies to FedEx Freight shipments within and between the US, Canada, and Mexico.
While a 4.9% increase may seem insignificant, keep in mind that this is an average increase. Most FedEx Express products saw a rate increase in excess of 4.9%. Click here to download our 2015 GRI to get a better idea of how the increase will affect all services.
Or feel free to give us a call to chat and learn how we can help you mitigate the annual rate increase.
Author
Rich Harkey
Rich Harkey
Senior Strategy Manager
Rich Harkey is a results-driven professional with extensive experience in the logistics and supply chain industry.
As the Senior Strategy Manager at Lojistic, Rich leverages over three decades of expertise to help businesses improve their shipping strategies and reduce costs. With a deep understanding of the requirements of shippers and the operational intricacies of carriers, he excels in everything from optimizing business rules and managing carrier invoices to negotiating carrier contracts.
Rich's comprehensive knowledge of the logistics industry, combined with his strategic insights and passion for data analysis, has enabled thousands of companies to gain visibility into their shipping expenses, driving impactful results.
As the Senior Strategy Manager at Lojistic, Rich leverages over three decades of expertise to help businesses improve their shipping strategies and reduce costs. With a deep understanding of the requirements of shippers and the operational intricacies of carriers, he excels in everything from optimizing business rules and managing carrier invoices to negotiating carrier contracts.
Rich's comprehensive knowledge of the logistics industry, combined with his strategic insights and passion for data analysis, has enabled thousands of companies to gain visibility into their shipping expenses, driving impactful results.