FedEx has announced plans to increase its general tariff rates by its biggest margin as the company grapples with inflation and slowing business.
“Effective January 2, 2023, FedEx Express, FedEx Ground, and FedEx Home Delivery rates will increase by an average of 6.9 percent,” the company said in a news release on Sept. 22. The general rate increase of 6.9 percent is the largest annual hike in the company’s history, according to FreightWaves.
