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FedEx Announces Its Annual GRI and Other Service Changes

Brian Byrd avatar

Sep 20, 2021

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FedEx has just announced its annual general rate increase for 2022 and it’s historically high at 5.9%.

On the heels of historic inflation in 2021, it’s no big surprise. It’s also in line with our prediction (for better or worse).

Shippers need to remain diligent, however, even though the GRI will not impact costs until January 3rd, 2022. What’s pressing now is a Fuel Surcharge increase taking effect on November, 1. This cost increase is coming much sooner than the GRI even though it’s buried within the same announcement.

For more details, the updated fuel tables can be found here.  We’ve also included tables below for comparison:

Express Fuel Surcharge Update:

Express
At Least But Less Than surcharge 11/1 surcharge Increase%
$1.61 $1.66 7.50% 9.25% 23%
$1.66 $1.71 7.75% 9.50% 23%
$1.71 $1.76 8.00% 9.75% 22%
$1.76 $1.81 8.25% 10.00% 21%
$1.81 $1.86 8.50% 10.25% 21%
$1.86 $1.91 8.75% 10.50% 20%
$1.91 $1.96 9.00% 10.75% 19%
$1.96 $2.01 9.25% 11.00% 19%
$2.01 $2.06 9.50% 11.25% 18%
$2.06 $2.11 9.75% 11.50% 18%
$2.11 $2.16 10.00% 11.75% 18%
$2.16 $2.21 10.25% 12.00% 17%
$2.21 $2.26 10.50% 12.25% 17%

Ground Fuel Surcharge Update:

Ground
At least but less than surcharge 11/1 surcharge Increase%
$2.83 $2.92 8.00% 9.75% 22%
$2.92 $3.01 8.25% 10.00% 21%
$3.01 $3.10 8.50% 10.25% 21%
$3.10 $3.19 8.75% 10.50% 20%
$3.19 $3.28 9.00% 10.75% 19%
$3.28 $3.37 9.25% 11.00% 19%
$3.37 $3.46 9.50% 11.25% 18%
$3.46 $3.55 9.75% 11.50% 18%
$3.55 $3.64 10.00% 11.75% 18%
$3.64 $3.73 10.25% 12.00% 17%
$3.73 $3.82 10.50% 12.25% 17%
$3.82 $3.91 10.75% 12.50% 16%
$3.91 $4.00 11.00% 12.75% 16%

Email info@transimpact.com to learn more.

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About Brian Byrd

Brian Byrd joined TransImpact in 2012. As EVP of Operations he helps ensure that TransImpact remains an industry leader in developing innovative technological solutions that help our clients to grow their companies.

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