Citing disruptions in the global supply chain due to the COVID-19 crisis, FedEx has announced a temporary surcharge on all international shipments including FedEx International Services and TNT International Express Services. This surcharge is effective April 6, 2020.
The surcharge is $0.45 per pound for China and APAC and $0.10 per pound for all other regions. The parcel minimum charge is $1.00 per shipment and freight minimum is $50.00 shipment.
For a complete analysis of how this could affect your shipping expenses, please reach out to us to perform a Complimentary Invoice Audit. We want to do our part in helping businesses manage cashflow and survive a challenging economic time.
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.