FedEx Raises Shipping Rates 6-8% In Latest Example That “Transitory” Inflation Is A Fantasy

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FedEx will increase its shipping rates starting in the new year, the company announced Monday.

The increase is set to take effect on Jan. 3, 2022, and will apply to all US domestic, US export and US import services. FedEx Ground, which delivers to businesses, and FedEx home delivery will increase by an average of 5.9%. FedEx Freight customers could see an increase of up to 7.9%.

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Freight shipping rates will also increase for shipments within Canada and Mexico, as well as between those countries and the contiguous United States, the company said.

www.msn.com/en-us/money/companies/fedex-is-raising-its-shipping-rates/ar-AAOE9DD

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