While the Ground rate increases at 6% remains consistent with the stated rate, a deeper dive will show where FedEx is truly hoping to maximize their margins in 2022. Let’s look at the average increase broken down by domestic zone. While the overall average for each increase per service, weight, and zone will somehow pan out to 5.9%, both FedEx and UPS strategically analyze each individual rate, targeting the highest increases in a way that maximizes their profits. Here we will break down both the impact on transportation rates and additional increases to watch out for from changes to accessorial rates. After years of both carriers maintaining a “flat” stated increase of 4.9%, you can assume that, rather than representing the actual expected year-over-year spend increase, the 5.9% functionally acts as more of a floor or bare minimum increase for most shippers. Perhaps you had to read the last paragraph a second time. FedEx Ground Economy, previously known as SmartPost, and generally used for low-weight residential shipments, will also rise. What does the rate increase really mean?įedEx shipping rates will increase by an average of 5.9% for Express, Ground, and Home Delivery Services. This year is especially different because shippers have already faced incremental fee increases throughout 2021 on certain accessorial charges as well as on peak-season fees. import services), Ground, Home Delivery and Freight services. The increase goes into effect on January 3rd, 2022 and will apply to Express (U.S. On September 20, 2021, FedEx announced its 2022 shipping rate increase.