Following the April 6th announcement of a temporary international surcharge affecting all international shipments due to the COVID-19 crisis and resulting disruptions in the global supply chain, FedEx has announced an increase for most FedEx Express international parcel and freight shipments originating in China beginning April 27th. Previously set at $0.45, all China outbound shipments will be assessed an additional $0.45 for a total of $.0.90 per pound. The minimum charge per shipment remains at $1.00 as well as the previously set Freight minimum charge of $50.00 per shipment.
If you are concerned about how these increases will affect your transportation costs, please contact us for a complete analysis and Complimentary Invoice Audit. We understand that translating carrier increases into the overall impact to your bottom line can be challenging, and we would like to help you navigate the complexities and constant changes during this difficult time.
Announcement link: https://www.fedex.com/en-us/shipping/current-rates/surcharges-and-fees.html
The Reveel App uses AI and machine learning to provide an unparalleled look into what’s impacting your bottom line. Through invoice audits, peer benchmarking, and rate modeling/simulations, you can see the health of your operation and assess pricing changes from parcel carriers like FedEx and UPS. Sign up for a free Reveel account today to see how you can leverage automation to synthesize your data, ship more for less, and reduce the time needed to identify issues and action items.