FedEx adds war surcharge as Ukraine crisis ratchets up shipping costs

A white and purple FedEx jet on the ground.

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...

https://www.freightwaves.com/news/fedex-adds-war-surcharge-as-ukraine-crisis-ratchets-up-shipping-costs

Pitney Bowes announces peak-season delivery surcharges

E-commerce and postal provider Pitney Bowes Inc. said it will impose peak-season parcel delivery surcharges of $1.50 per piece on all domestic shipments, effective Oct. 3.

In addition, the Stamford, Connecticut-based company will levy weight-based surcharges on all shipments requiring expedited deliveries, which is a time-definite guarantee of three days or less. Shipments weighing up to 10 pounds will incur a $1.25-per-piece surcharge. Those levies will climb to $3.85 for shipments weighing 11...

https://www.freightwaves.com/news/pitney-bowes-announces-peak-season-delivery-surcharges

FedEx, UPS go different roads on new parcel surcharges

For decades, an immutable law of business has been that whenever FedEx Corp. (NYSE:FDX) changed its pricing or related terms and conditions, rival UPS Inc. (NYSE:UPS) would soon follow suit. Or vice versa. However, a few changes to peak-season delivery surcharges that the two carriers announced within a week of each other signal that the long-held duopoly bond continues to fray.

There are still similarities: Both carriers will reduce their levies to $3 per package to cover the “additional...

https://www.freightwaves.com/news/fedex-ups-go-different-roads-on-new-parcel-surcharges

UPS raises certain non-contract service rates 4.9%

UPS

Express carrier UPS (NYSE: UPS) said it will raise certain non-contract service rates by 4.9%, effective Dec. 27.

UPS said the rate increases will support “ongoing expansion and capability enhancements” of its operations.

The rate increases apply to UPS’s ground, air and international services.

In addition, effective Nov. 1 until further notice, UPS said peak surcharges for certain Europe-origin shipments will increase, and on Nov. 8, raised peak surcharges will apply to shipments originating in...

https://s29755.pcdn.co/news/ups-raises-certain-non-contract-service-rates-49