FedEx Implements New Surcharges for 2024 Peak Season

New Surcharges for 2024 Peak Season

As the holiday season approaches, FedEx has announced the implementation of new demand surcharges to manage the anticipated surge in shipping volume. These surcharges are aimed at ensuring the company can continue providing efficient service during the busiest time of the year.

Overview of the New Surcharges

FedEx has reintroduced a range of surcharges that will be applied to various services throughout the 2024 peak season. These surcharges will affect U.S. Package Services, FedEx International Ground Shipments, FedEx Ground, FedEx Home Delivery, and other express services.

1. Additional Handling Surcharge

• Applicable Services: U.S. Package Services, FedEx International Ground Shipments
• Surcharge Amounts:
• $3.45 per package (Feb. 5–Sept. 29, 2024)
• $7.75 per package (Sept. 30–Nov. 24, 2024)
• $10 per package (Nov. 25–Dec. 29, 2024)
• $7.75 per package (Dec. 30, 2024–Jan. 19, 2025)

2. Oversize Charge

• Applicable Services: U.S. Package Services, FedEx International Ground Shipments
• Surcharge Amounts:
• $39.50 per package (Feb. 5–Sept. 29, 2024)
• $84.50 per package (Sept. 30–Nov. 24, 2024)
• $100 per package (Nov. 25–Dec. 29, 2024)
• $84.50 per package (Dec. 30, 2024–Jan. 19, 2025)

3. Ground Unauthorized Package Charge

• Applicable Services: FedEx Ground, FedEx Home Delivery, FedEx International Ground Shipments
• Surcharge Amounts:
• $450 per package (Sept. 30–Nov. 24, 2024)
• $500 per package (Nov. 25–Dec. 29, 2024)
• $450 per package (Dec. 30, 2024–Jan. 19, 2025)

Impact on Express and Residential Shipments

FedEx has also announced surcharges for express and residential shipments. These surcharges will vary depending on the service and time period.

1. Express Services

• Applicable Services: FedEx First Overnight, FedEx Priority Overnight, FedEx Standard Overnight, FedEx 2Day A.M., FedEx 2Day, FedEx Express Saver (excluding FedEx One Rate packages)

• Surcharge Amounts:
• $1 per package (Oct. 28–Nov. 24, 2024)
• $2 per package (Nov. 25–Dec. 29, 2024)
• $1 per package (Dec. 30, 2024–Jan. 19, 2025)

2. Residential Shipments

• Applicable Services: FedEx Ground residential shipments, FedEx Home Delivery residential shipments
• Surcharge Amounts:
• $0.30 per package (Oct. 28–Nov. 24, 2024)
• $0.55 per package (Nov. 25–Dec. 29, 2024)
• $0.30 per package (Dec. 30, 2024–Jan. 19, 2025)

3. Ground Economy Package Services

• Applicable Services: FedEx Ground Economy Package Services
• Surcharge Amounts:
• $1.90 per package (Oct. 28–Nov. 24, 2024)
• $3.15 per package (Nov. 25–Dec. 29, 2024)
• $1.90 per package (Dec. 30, 2024–Jan. 19, 2025)

Preparation for Increased Demand

FedEx's surcharges are part of the company's strategy to manage the expected increase in shipping demand during the peak season. By adjusting pricing, FedEx aims to maintain service levels and handle the surge in volume efficiently. These surcharges will be in effect until January 19, 2025, ensuring the company is well-equipped to handle the demands of the holiday season and beyond.

View the surcharges HERE