FedEx Announces 2018 General Rate Increase: What it Means for Retailers
FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp., will increase shipping rates effective Jan. 1, 2018 by an average of 4.9 percent. Potentially one of the most impactful changes comes with the announcement that FedEx will begin applying a dimensional weight (DIM) factor of 139 to all SmartPost packages. This change will become effective on Jan. 22, 2018. The change will align SmartPost dimensional weight pricing with that of FedEx Express and FedEx Ground. It also more closely aligns FedEx SmartPost dimensional weight pricing with that of UPS SurePost, although UPS still has a higher DIM factor for packages measuring less than one cubic foot. (As of this writing, UPS hasn't announced its 2018 rate changes.) Click Read More below for more of the story.