FedEx to impose residential delivery surcharge

FedEx Corp. (NYSE:FDX) said Friday that it will impose a 30 cent per-package surcharge on U.S. residential delivery traffic tendered by large customers, effective Feb. 15.

The surcharge will apply to customers that shipped, on average, more than 30,000 packages per week from Jan. 4 to Jan. 31, FedEx said in a note on its website. The levy will apply to any combination of FedEx’s air, ground and last-mile delivery parcels that hit or exceed the 30,000 weekly volume threshold, FedEx said. 

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