FedEx has announced the following peak season rate changes which will go into effect June 8, 2020.
From the FedEx website:
FedEx is an essential business keeping commerce moving and delivering critical shipments to homes during the COVID-19 crisis.
As the impact of the virus continues to generate a surge in residential deliveries and has also generated a surge in oversize, hard-to-handle packages, we have experienced increased operating costs across our network.
To continue providing FedEx customers with strong levels of service during this time, we are implementing the following temporary peak season surcharges.
| Temporary Surcharge |
FedEx SmartPost® packages | $0.40 per package | June 8, 2020, until further notice |
| Peak — Oversize Charge |
Oversize U.S. domestic FedEx Express® and FedEx Ground® packages | $30.00 per package | June 8, 2020, until further notice |
| Peak — Residential Delivery Charge |
U.S. domestic residential FedEx Express and FedEx Ground packages | $0.30 per package | June 8, 2020, until further notice |
Also, you can read FedEx’s complete announcement on how this will affect your peak season, here: https://www.fedex.com/en-us/shipping/current-rates/surcharges-and-fees.html#peak-surcharge
Contact us at info@transportationimpact.com to receive a custom analysis of what the GRI, and all the recent Peak Season Surcharges, will mean to your company. Your personalized report will detail the cost impact TO YOU. It will include all of the current fees and surcharges from both UPS and FedEx.