The percentage of increase depended on the weight of the package and where it was going. The company said the rate hike was due to “the significant increases in transportation costs, including vehicle fuel and maintenance expenses.” This is the first time in over six years that the rate increase was greater than 4.9%. Import), FedEx Ground, and FedEx Home Delivery by an average of 5.9%. On January 4, 2022, FedEx announced that it would raise its shipping rates for FedEx Express (Domestic, U.S. This blog post will explain everything you need to know about the upcoming FedEx rate increase and how businesses handled the increases in 2022. FedEx has been raising rates little by little for the past few years, so this latest increase shouldn’t be too much of a shock. It’s important to remember that this is nothing new. This is a hot topic among businesses, as many wonder how the rate increase will affect them. FedEx will increase its rates once again in the coming year of 2023.
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