FedEx will hike shipping rates, customs fees from January 1 2024

<p>FedEx Express shipping rates, Ground and Home Delivery rates will all jump by an average of 5.9% to 6.9% for U.S. domestic, export and import services.</p><ul><li>"The price adjustments reflect incremental costs associateded with the current operating environment," said the firm.</li></ul><p>The translation is "Because we can … ".</p><p>Full statement is here:</p><ul><li><a href="https://newsroom.fedex.com/newsroom/global-english/fedex-announces-adjusted-shipping-rates-fees-and-surcharges#:~:text=(NYSE%3A%20FDX)%2C%20will,rates%20on%20January%201%2C%202024.&amp;text=FedEx%20Express%20shipping%20rates%20will,export%2C%20and%20U.S.%20import%20services.&amp;text=FedEx%20Ground%20and%20FedEx%20Home,by%20an%20average%20of%205.9%25." target="_blank" rel="nofollow"> FedEx Express, FedEx Ground, and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will adjust shipping rates on January 1, 2024.</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.