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To the surprise of no one, FedEx announced an increase to its rates by 4.9% to 5.9% on many services, beginning January 4, 2021. The increases will impact FedEx’s Air and International, Ground, SmartPost, and Freight customers. FedEx also announced changes and additions to almost 40 other accessorials, fees, and surcharges. Shippers need to be on the lookout for how these changes will affect delivery costs in areas like additional handling and a new 6% late-payment fee on invoices.
What’s also of no surprise is that the announcement is very short on details and it is up to shippers to figure out the cost impact of the GRI. Don’t worry, because Transportation Impact has you covered.
You can access the industry’s most comprehensive breakdown of the FedEx 2021 GRI – Click Here.
Contact info@transportationimpact.com to receive a custom analysis of what the GRI, and all the recent Peak Season Surcharges, will mean to your company. Your personalized report will detail the cost impact TO YOU of all the current fees and surcharges from both UPS and FedEx.
The post The 2021 FedEx GRI Analyzed: Get Your Ship Together appeared first on Transportation Impact.
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