Additional Handling Surcharge to exceed 21%
FedEx announced their 2023 General Rate Increase on September 22 nd to be Effective January 2, 2023. Overall, FedEx Ground, Home Delivery, Express, and WW International rates, will increase an average of 6.9%. An additional percentage point higher than 2022 increase of 5.9%. Accessorials, fees, and surcharges will see similar increases as last year with some products as high as 24%. Both Ground Economy (formerly known as SmartPost) and Ground Multi-Weight service increases have yet to be posted. We will update our clients as soon as information is made available.