FedEx Express notified customers on Thursday that it will hike its peak surcharge for many international parcel and freight shipments, beginning next week, because of the latest supply chain disruptions caused by the Russian invasion of Ukraine.
The express delivery company is increasing the surcharge by 20 to 30 cents per kilogram for most of Asia-Pacific, effective Monday, with price increases starting March 21 in other areas. European exports and imports are rising a tenth of a euro, or 11...