Notice a trend? Since the carriers (UPS and FedEx) began announcing an annual general rate increase (GRI), they’ve been consistent in their announced average increase.
2011: 5.9% for Ground and Express (to be offset by fuel surcharge reduction).2012: 5.9% for Ground and Express (to be offset by fuel surcharge reduction).2013: 5.9% for Ground and Express (to be offset by fuel surcharge reduction).Here are the FedEx announced average rate increases for the past few years: If that number sounds familiar, it should.
As has been widely reported in many industry trade journals, FedEx Corp announced that it will be raising shipping rates in 2018 for FedEx Ground, FedEx Express, and FedEx Freight by 4.9%.
