FedEx Raises Surcharges on Int’l Shipments for Some Countries—One by 350%

In the wake of increasing COVID-19 cases and subsequent shipping disruptions, FedEx is temporarily increasing some surcharges for international shipments.

FedEx Express international parcel and freight shipments originating in Japan, Korea, Hong Kong, and the Philippines, and parcel shipments from China went into effect on November 30 and will continue until December 27.   These temporary rate increases are substantial— packages from Japan and Korea see a 350% increase, while the other increases still see a considerable hike at 25.6%.

Here’s a breakdown of the peak surcharges and the dates you can expect to see them on your invoices.

FedEx says these price increases are in direct response to incremental costs they’re facing due to limited air cargo capacity. After December 27, the fees will return to their November 29 rates.

With so many fluctuating surcharges this year, the already-complicated rate guides from both FedEx and UPS are increasingly difficult to read and understand.  FedEx’s surcharge page looks simple at first glance, but these changes are hidden in complicated footnotes.

Get a better grasp of FedEx and UPS prices with our 2021 General Rate Increase Guide, where you can see what to expect for the new year and see a comprehensive timeline of this year’s surcharge increases.

Sign up now to be the first to get the guide.

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.