FedEx announced a 5.9% increase in package and freight shipping rates effective January 6, 2025, impacting U.S. deliveries and international shipments. This includes hikes in Ground Economy, International Priority, and various freight services, along with additional fees for residential deliveries and special handling. Experts suggest businesses reassess their shipping strategies, particularly for heavier packages. The increase mirrors a similar hike from 2024 and aims to sustain service quality and support business investments. Meanwhile, rival UPS has yet to reveal its 2025 rate adjustments.
Source: https://www.supplychaindive.com/news/fedex-2025-ground-express-freight-rate-increase/727087/