FedEx to Raise Fuel Surcharges for Second Time
Data from San Diego-based parcel consultancy Shipware LLC showed this week that after raising its fuel surcharge index in February, FedEx will raise it again, effective November 2, 2015.
The increase are for FedEx Express and FedEx Ground fuel surcharges, which Shipware said will result in Express and International fuel surcharge increases of 1.5 percent-to-1.75 percent with Ground fuel surcharge increases of 0.5 percent-to-1.0 percent.
“The rate increases should impact all FedEx shippers unless a specific fuel surcharge table is part of their contract,” wrote Shipware President & CEO Rob Martinez in a research note.
Source: SupplyChain247
