Assuming you’ve already seen the substantial General Rate Increase FedEx announced for 2022, you’re probably wondering how this will affect your shipping budget.
In addition to the numerous COVID-19 related surcharges FedEx enacted in the last two years, the carrier will also increase rates by a whopping 5.9%.
Be on the lookout for new surcharges and an increased fee structure for existing surcharges. For example, a fuel surcharge will go into effect on November 1, 2021, with variable rates depending on market fuel prices.
Next year, FedEx is also changing how they assess some of their fees. They’re introducing zone-based pricing for some surcharges, such as additional handling and oversize package fees. This means some packages could actually see a decrease, while others go up as much as 30%.
With FedEx’s rate guides notoriously difficult to decipher, we’ve compiled the increases into an easy-to-use guide.
Get your copy of the 2022 FedEx General Rate Increase Guide today.
Download the guide to see:
- Rate increases for common surcharges
- FedEx pricing trends over the last 10 years
- How to forecast shipping costs with the new rates
Spoiler Alert: Once FedEx and UPS have both published their base rates, Reveel will be offering a free impact analysis using our Shipping Intelligence Platform and your unique shipping profile. Be sure to sign up for our Essential Edition (free) now and be ready to see what impact the General Rate Increases will have on your shipping expense.