FedEx will increase its fuel surcharge rates for its less-than-truckload and ground parcel delivery services, FedEx Freight and FedEx Ground.
The hike, of three percentage points, will be effective June 2, while FedEx Ground will begin applying dimensional weight pricing to all shipments, effective January 1, 2015.
The rate changes for LTL unit applies to all FedEx Freight shipments governed by the FXF 100 series rules tariff, including applicable FedEx Freight shipments within the contiguous U.S.; between the contiguous U.S. and Alaska, Hawaii, Puerto Rico, the U.S. Virgin Islands and Canada; and within Canada.
Currently, FedEx Ground applies dimensional weight pricing only to packages measuring three cubic feet or greater.
“This change will align the FedEx Ground dimensional weight pricing with FedEx Express by applying it to all packages,” the company said. “Dimensional weight pricing is a common industry practice that sets the transportation price based on package volume, the amount of space a package occupies in relation to its actual weight.”