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FedEx is increasing the peak surcharge for some international destinations
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The hike follows eruption of the Russia-Ukraine war which has further disrupted the global supply chain and limited air cargo capacity
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The increase does not apply to domestic shipments
Starting March 7, FedEx is increasing the peak surcharge amount for FedEx Express parcel and freight shipments for some international destinations due to continued disruptions in the global supply chain and limited air cargo capacity caused by the Russian invasion of Ukraine.
The surcharge will be increased for some shipments moving between:
- Asia Pacific and countries in APAC, Europe, Latin American countries, and Middle East, Indian Subcontinent and Africa (MEISA) countries;
- Europe and countries in all regions; and
- India and countries in APAC, Europe, and MEISA.
The surcharge will rise by 20 to 30 cents per kilogram for most of Asia-Pacific, effective March 7, with price increases starting March 21 in other areas. For European exports and imports, the surcharge will increase 11 cents per kilogram.
“We are incurring incremental costs as we continue to adjust our international networks and operate in this constrained environment,” the express operator said in a March 3 statement on its website.
The surcharge does not apply to domestic shipments. In addition, the surcharge for all other shipments unaffected by the March update remains the same.
