FedEx Follows UPS in Raising Delivery Prices Amid Package Surge
A FedEx Corp. worker unloads a truck in downtown Dallas, Texas on May 27.
Photographer: Cooper Neill/BloombergThis article is for subscribers only.
FedEx Corp. is following United Parcel Service Inc. with plans to raise delivery prices for residential and large packages, as the coronavirus lockdown spurs people to order more online.
Shippers whose volumes have spiked since February will have to pay an extra 30 cents a package, FedEx said on its website Wednesday, outlining changes that take effect June 8. In addition, the courier will charge an extra 40 cents on “SmartPost” parcels it hands off to the U.S. Postal Service for final delivery, while $30 will be added to shipments of oversized packages.