FedEx’s Q1 FY25 earnings call revealed declining volumes and ongoing cost-saving efforts. With reduced pricing power and increasing demand for deferred services, now is an opportune time for shippers to renegotiate their parcel contracts and lock in better rates before the 2025 rate hike.
FedEx is introducing a 5.9% General Rate Increase and several surcharge adjustments starting in January 2025. These changes will impact all FedEx shippers, often driving up costs more than the headline number suggests. Review your parcel agreements soon and to find out how to reduce the impact on next year’s transportation budget.
Despite falling fuel prices, both FedEx and UPS have raised fuel surcharges again. These increases, which go beyond just fuel costs, could have a significant impact on your shipping budget. Learn how these hidden fees can drive up your costs and find ways to mitigate them.
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