fedex rate sheet 2022

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For International First Shipments. We are committed to delivering for our customers, and remain focused on our strategic initiatives to increase productivity, lower our cost to serve and create shareholder value.. The update will be available as soon as the software communicates with FedEx. The company reports its financial results in accordance with accounting principles generally accepted in the United States (GAAP or reported). (0.5 kg) for International Freight Services beginning May 10, 2021. Do Not Sell My Personal Information, We use cookies on our website to improve your experience. The update will be received as soon as the software communicates with FedEx. As with most years, a 5.9% increase might be more or less for a merchant, depending on their shipping profile. }. We do not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. 5.9% of the COD amount, $131 minimum charge, $600 per shipment when containing any handling unit with a dimension of 12 feet (3.66 metres) or greater in length, $15.93 per hundredweight, $168 minimum charge, $250 per shipment when containing any handling unit with a dimension of 8 feet (2.44 metres) or greater in length and less than 12 feet (3.66 metres) in length, $17.72 per hundredweight, $177 minimum charge, $1,855 maximum per shipment. The scope of a customer's volume shall be determined by FedEx in its sole discretion. (0.5 kg) per shipment, $90 per shipment for international package services, $120 per shipment between Jan. 18 Oct. 3, 2021 for intra-Canada package services, $140 per shipment between Oct. 4, 2021 Jan. 2, 2022 for intra-Canada package services, $1 per shipment (Intra-Canada and International). Additionally, for International Express Freight and parcel services, the International Out-of-Delivery Area Surcharge and International-Out-of-Pickup Surcharge rates will now be dependent on factors such as the zip code or postal code, the city where the shipment is coming from, and/or the recipient address. Compatible customers using the FedEx Ship Manager Server application will require an update to receive the 2022 rates. The update will be available as soon as the software communicates with FedEx. Please refer to Zone Index for detailed zone classification. (0.5 kg) per shipment. Effective beginning Jan. 16, 2023, Out-of-Delivery Area / Out-of-Pickup Area Surcharge, (Intra-Canada Package and Freight Services except Northwest Territories, Nunavut, Yukon and select postal codes in Newfoundland and Labrador, Quebec, Manitoba, Alberta, and British Columbia*), Greater of $24.80 or $0.49 per lb. More information to come. FedEx Express, FedEx Ground, and FedEx Freight shipments will see a fuel surcharge added to these shipments. For customers who ship more than 7,000 weekly average packages (total for FedEx Express and FedEx Ground Canada domestic residential and commercial combined) from Nov. 16, 2020Nov. All companies need to explore all viable options to minimize the 2022 FedEx shipping rate changes. FedEx Ground Economy will see a rate change as well. Customers at the enterprise level who meet a certain volume threshold (as indicated below) will continue to be charged a Peak Residential Delivery Charge for shipments/packages shipped after Jan.17, 2021. (FedEx U.S. Express Package Services and U.S. Both surcharges will be adjusted weekly, in accordance with the U.S. Gulf Coast Jet Fuel and Average On-Highway Diesel Fuel prices. Effective beginning Jan. 17, 2022, $97.50 per shipment for international package services, $147.50 per shipment for intra-Canada package services1, $97.50 per shipment for intra-Canada package services2, 1. Greater of $31 or $0.40 per lb. The scope of a customer's volume shall be determined by FedEx in its sole discretion. /$25 (Packaging) per shipment, $21 (Dimension) / Beginning Dec. 28, 2020, the surcharge amount returned to $1.26 per lb. These charges will be in addition to all other lawful charges and will be collected from the Payor of the freight charges. (0.5 kg) per shipment1, Tier B - Greater of $32.50 or $0.42 per lb. (0.5 kg) beginning Nov. 30 through Dec. 27, 2020. FedEx Standard List Rates FedEx One Rate Pricing Fees and other shipping information Year-end rate changes Clearance services and fees assessed on import shipments Find shipping rates Here are the details of our shipping rate changes for list rates, surcharges, and fees, plus information on other factors that can affect your shipping rates. Here is aPDF with all FedEx standard list rates for 2022. Domestic Express Freight services during the quarter. FedEx reported (adjusted measures exclude the items listed below for the applicable fiscal year): This years and last years quarterly consolidated results have been adjusted for: The continued execution of our strategies drove improved third quarter results, said Frederick W. Smith, FedEx Corp. chairman and chief executive officer. (0.5 kg) per shipment, Out-of-Pickup Area Surcharge FedEx Compatible Solutions Program customers using Web Services will receive the 2021 rate update automatically. To provide our customers with the best possible service during this challenging time, the FedEx Freight Peak Surcharge will be updated to include shipments destined to the ZIP codes listed here effective September 27, 2021. It is reasonably possible, however, that our fiscal 2022 year-end MTM retirement plans accounting adjustment could have a material effect on our fiscal 2022 consolidated financial results and ETR. $60.01-$100 $19.30 Effective January 24, 2022, Additional Handling Surcharge and Oversize Surcharge rates will be determined based on the shipments delivery zone. Refund Retrievers contract experts will assess your current carrier agreements and parcel spend. border: 1px solid #dddddd; We announced a peak surcharge on all FedEx Express international shipments beginning April 6, 2020. The surcharge does not apply to intra-Canada shipments. (0.5 kg) to $2.40 per lb. The improved results were partially offset by the effects of the Omicron variant, as well as higher purchased transportation costs and wage rates. FedEx Freight third quarter operating income nearly tripled, driven by a continued focus on revenue quality and profitable growth. As 2022 kicks off, FedEx Freight shipments will now include a No Shipment Tendered Surcharge that occurs when the carrier arrives for a pickup and a package isnt given to FedEx. Fiscal 2022 Earnings Per Share and Effective Tax Rate Forecasts. This is the most inexpensive amount a shipper will pay to send any package. If there is an issue with the 2022 rate update, customers should contact their Compatible provider for support. These are the facts on our most popular optional and additional services only. The increase of the surcharge will be dependent on the service. Effective beginning Jan. 17, 2022, $22 (Dimension) / $25.50 (Weight) / $20 (Packaging) per shipment for international package services, $28 (Dimension) / $31.50 (Weight) / $26 (Packaging) per shipment for intra-Canada package services1, $22 (Dimension) / $25.50 (Weight) / $20 (Packaging) per shipment for intra-Canada package services2, 1. The first thing to remember, the carriers implement a minimum net charge to ALL packages. (Rates exclude special fees and fuel surcharge)1 Effective January 3, 2022. You can also download our handy jointFedEx and UPS Rate Guideto have the guide available anytime. Any forward-looking statement speaks only as of the date on which it is made. FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. If you encounter an issue with the update, please contact the Technical Support Hotline at 1.877.339.2774. Get information and answers to many of the most common inquiries. Beginning Dec. 28, 2020, the surcharge amount returned to $0.14 per lb. (International Package and Freight Services), Greater of $32.50 or $0.42 per lb. Increased from $0.14 per lb. Customers who qualify for the Peak Residential Delivery Charge will be notified of their Peaking Factor prior to the effective date. (0.5 kg) for International Package Services and increased from $0.14 per lb. (0.5 kg) beginning May 10, 2021. Customers at the enterprise level who meet a certain volume threshold (as indicated below) will be charged a Peak Residential Delivery Charge for shipments/packages shipped during Nov. 1, 2021 Jan. 16, 2022. The following two tabs change content below. Our team of parcel experts will undoubtedly help your logistics manager navigate the 2022 FedEx rate increase. (0.5 kg) to $0.20 per lb. Copyright 2006-2020 Refund Retriever. These negative effects on third quarter results fully offset the estimated benefit from less severe winter weather. $0-$40 $0.00 FedEx Express operating results increased, driven by higher yields, a net fuel benefit, and lower variable compensation expense. This is an increase of 6.85%. There will be changes to the applicable surcharges for the FedEx Express and FedEx Ground fuel surchargeassessment. Our award-winning customer support includes live chat, email and US-based phone support for all merchants. tr:nth-child(even) { If there is an issue with the 2021 rate update, customers should contact their Compatible provider for support. The table included below titled Fiscal 2022 Earnings Per Share Forecast outlines the effects of the items that are excluded from our fiscal 2022 EPS forecast, other than the year-end MTM retirement plans accounting adjustment. Beginning Dec. 28, 2020, the surcharge amount returned to $0.14 per lb. . FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. Looking for a printable FedExRate Guide? Click below to start your 30-day free trial! (FedEx International Priority DirectDistribution), $95 per shipment for international package services, $145 per shipment for intra-Canada package services1, $95 per shipment for intra-Canada package services2, 1. 29, 2020*, the Peak Residential Delivery Charge reflected in the chart below will apply Dec. 14, 2020Jan. A. The amount charged per package will be based on a Peaking Factor, calculated as weekly average packages shipped Nov. 16, 2020Nov. table { We have incurred and expect to incur significant expenses through fiscal 2022 in connection with our integration of TNT Express. Please refer to Zone Index Cash Flow Statement. $1000.01-$1600 $60.10 (0.5kg) per shipment, Inaccessible Greater of $80 or $0.80 per lb. (0.5 kg) to $1.50 per lb. (0.5 kg) to $0.65 per lb. (0.5kg) per shipment, Inaccessible Greater of $83 or $0.83 per lb. (0.5 kg) to $0.45 per lb. FedEx Rate Sheets Please note: Additional shipping fees and optional-service fees may apply. We believe these adjusted financial measures facilitate analysis and comparisons of our ongoing business operations because they exclude items that may not be indicative of, or are unrelated to, the companys and our business segments core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying businesses. November 1, 2021: a fuel surcharge increase will be added to FedEx Express (U.S. domestic package and freight services), FedEx Ground, and FedEx Freight shipments. These materials, as well as a webcast of the earnings release conference call to be held at 5:30 p.m. EDT on March 17, are available on the companys website at investors.fedex.com. We recommend using one of the following browsers to access this site. 18, 2020, divided by weekly average packages shipped Feb. 3, 2020March 1, 2020, multiplied by 100. The amount charged will be based on a Peaking Factor, calculated as weekly average packages shipped Oct. 4, 2021 Oct. 17, 2021, divided by weekly average packages shipped Feb. 3, 2020March 1, 2020, multiplied by 100. It is important to note that FedEx Express, Ground, and Home Delivery shipping rates will increase by an average of 5.9%. View Annual Reports. Forward-looking statements include those preceded by, followed by or that include the words will, may, could, would, should, believes, expects, anticipates, plans, estimates, targets, projects, intends or similar expressions. Straight truck $90 per hour or fraction thereof. (0.5 kg) beginning Oct. 4, 2021. Please see Service Info or see FedEx Service Guide for details. 2. 2. FedEx has kept commerce moving and delivered critical shipments throughout the COVID-19 pandemic. We have adjusted our third quarter fiscal 2022 and 2021 consolidated and FedEx Express segment financial measures to exclude TNT Express integration expenses because we generally would not incur such expenses as part of our continuing operations. Other than straight truck $102 per hour or fraction thereof. (0.5kg) per shipment, See US ZIP codes where this surcharge will apply per shipment. These adjustments are consistent with how management views our businesses. Beginning Jan. 25, 2021, the surcharge increased from $0.14 per lb. The update will be received as soon as the software communicates with FedEx. Use the FedEx Shipping Calculator for estimated shipping costs based on details, such as shipment origin, destination, date, packaging, and weight. 8Increased from $0.14 per lb. 10Increased from $0.14 per lb. $60.01-$100 $21.25 (0.5 kg) with a minimum of $1.40 per shipment, $1.14 per lb. Increased from $0.45 per lb. Peaking Factor and amount charged are determined separately for FedEx Express and FedEx Ground. Please note that the 2021 rate and surcharge changes will be automatically updated for customers obtaining courtesy rate quotes using FedEx Ship Managerat fedex.ca, FedEx Ship Manager Lite, FedEx Web Services (including FedEx Compatible), and theGet Rates and Transit Timesapplication.. To get prepared for the upcoming changes in the holiday season and new year, check out all of the information below! Most of Federal Express' changes take effect on January 3rd, 2022, although some changes are staggered. Any contracted discount the customer may have on the Residential Delivery Charge will not apply to the Peak Residential Delivery Charge. The Peak Residential Delivery Charge will be assessed in addition to the customers Residential Delivery Charge. (0.5kg) per shipment, Accessible Greater of $120 or $1.25 per lb. $500.01-$1000 $50.75 FedEx will assess the surcharge for qualifying customers every month thereafter until further notice. (0.5 kg) with a minimum of $70 per shipment, $0.76 per lb. 6 Increased from $0.14 per lb. (0.5 kg) with a minimum of $70 per shipment, $0.65 per lb. Beginning Jan. 25, 2021, the surcharge increased from $0.14 per lb. With annual revenue of $92 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand. (0.5 kg) to $0.76 per lb. However, customers are encouraged to update to the latest version when it becomes available in February 2023. TO GAAP FINANCIAL MEASURES, Third Quarter Fiscal 2022 and Fiscal 2021 Results. A. For invoicing purposes, this charge will be combined with the customers Residential Delivery Charge. FedEx Ground operating results declined primarily due to increased rates for purchased transportation and employee wages, network inefficiencies, and expansion-related costs. FedEx Ground and FedEx Home Delivery standard list rates will increase an average of 5.9%. For details, please see Fuel Surcharges. Third quarter net income included a tax benefit of $78 million ($0.29 per diluted share) related to revisions of prior year estimates for actual tax return results. The Additional Handling Surcharge and Oversize Surcharge rates for domestic FedEx Express and FedEx Ground services will now be determined on the zone of the shipment itself. Effective Jan. 2through Jan. 15, 2023 Additional changes will include absolute minimum charges and optional and additional service fees and charges. (0.5 kg) for International Freight Services beginning February 15, 2021. (0.5 kg) for International Freight Services beginning May 10, 2021. Consequently, the FedEx Ground and Home Delivery minimum net charge will also increase. Looking for enterprise mailing and shipping solutions? FedEx (FDX) will raise ground and express shipping rates by an average of 6.9% next year, the company said Thursday. The fiscal 2022 year-end MTM retirement plans accounting adjustment is excluded from our fiscal 2022 EPS and ETR forecasts because it is unrelated to our core operating performance and to assist investors with assessing trends in our underlying businesses. (46 kg) that are shipped to these destinations. Increased from $0.65 per lb. (0.5 kg) with a minimum of $70 per shipment, $0.20 per lb. (0.5 kg) with a minimum of $1.40 per shipment, $2.40 per lb. These items are excluded from our fiscal 2022 EPS and ETR forecasts, as applicable, for the same reasons described above for historical non-GAAP measures. Our fiscal 2022 effective tax rate (ETR) forecast is a non-GAAP financial measure because it excludes the effect of the fiscal 2022 year-end MTM retirement plans accounting adjustment. Download Earnings Infographic (PDF 769 KB). Income Statement. Other than straight truck $114 per hour or fraction thereof. MEMPHIS, Tenn. March 17, 2022FedEx Corp. today reported financial results for the quarter ended February 28. These U.S. locations will be in addition to the international postal codes or locations where these surcharges currently apply. For more details on the surcharges for specific services, you can download a PDF version from UPS. All rights reserved. 512.485.4282 (0.5 kg) beginning Nov. 2 through Dec. 27, 2020. Take time-consuming guesswork out of your day-to-day shipping and turn your postage meter into an all-in-one solution: unlock the best rates, get advanced tracking and print Labels fast. Brian Gibbs | President of Refund Retriever. (0.5 kg) beginning August 10, 2020. These expenses were recognized at FedEx Corporation and FedEx Express. $1600.01-$3300 $82.00 Greater of $113 or $3.80 per lb. 29, 2020,* divided by weekly average packages shipped Feb. 3, 2020March 1, 2020, multiplied by 100. The scope of a customer's volume shall be determined by FedEx in its sole discretion. Charges are subject to change without notice. (0.5 kg) to $1.14 per lb. (0.5 kg) with a minimum of $70 per shipment, $0.32 per lb. For customers who ship more than 7,000 weekly average packages (total for FedEx Express and FedEx Ground Canada domestic residential and commercial combined) from Oct. 4, 2021 Oct. 17, 2021*, the Peak Residential Delivery Charge reflected in the chart below will apply Nov. 1, 2021 Dec. 12, 2021. To provide our customers with the best possible service during this challenging time, the following FedEx Freight Peak Surcharge will be implemented for shipments destined to the ZIP codes listed here. Customers at the enterprise level who meet a certain volume threshold (as indicated below) will be charged a Peak Residential Delivery Charge for shipments/packages shipped during Oct. 31, 2022 Jan. 15, 2023. Increased from $1.26 per lb. (0.5 kg) per shipment, Tier C - Greater of $42.25 or $0.55 per lb. Please contact our Customer Service Team for more information. The No Shipment Tendered surcharge will apply when a pickup is performed and no shipment is tendered to FedEx. Straight truck $95 per hour or fraction thereof. Straight truck $85 per hour or fraction thereof. Also, FedEx Freight will introduce a No Shipment Tendered Surcharge. For customers who ship more than 7,000 weekly average packages (total for FedEx Express and FedEx Ground Canada domestic residential and commercial combined) from Oct. 5, 2020Oct. Any contracted discount the customer may have on the Residential Delivery Charge will not apply to the Peak Residential Delivery Charge. Potential risks and uncertainties include, but are not limited to, economic conditions in the global markets in which we operate; our ability to meet our labor and purchased transportation needs while controlling related costs; a significant data breach or other disruption to our technology infrastructure; the continuing effect of the COVID-19 pandemic; anti-trade measures and additional changes in international trade policies and relations; the effect of any international conflicts or terrorist activities, including as a result of the current conflict between Russia and Ukraine; our ability to successfully implement our business strategy, effectively respond to changes in market dynamics and achieve the anticipated benefits and associated cost savings of such strategies and actions, including our ability to successfully implement our FedEx Express workforce reduction plan in Europe and to continue to transform and optimize the FedEx Express international business, particularly in Europe; damage to our reputation or loss of brand equity; changes in the business or financial soundness of the U.S. (0.5 kg) to $0.45 per lb. USPS - 2022 USPS Postage Rates Cheat Sheet ; Mailing and Shipping Blog . - Recommended maximum actual weight is 25kg for FedEx 10kg Box and 44kg for FedEx 25kg Box. B. Earnings per diluted share before year-end MTM retirement plans accounting adjustment (non-GAAP)6, Second quarter fiscal 2022 MTM retirement plans accounting adjustments7, Earnings per diluted share with adjustments6. (0.5 kg) with a minimum of $1.40 per shipment, $1.26 per lb. (0.5 kg) per shipment2, Tier C - Greater of $42.25 or $0.55 per lb. The quarter's results also benefited from lower variable compensation expense and less severe winter weather, resulting in favorable year-over-year comparisons. You can find a list of the current charges on UPSs. Another option is to perform a fullcarrier agreement analysis. (0.5 kg) to $0.45 per lb. FedEx Retail Rates Effective January 3, 2022 2131623R Contents FedEx Express rates U.S. package rates 1-21 Alaska and Hawaii rates 22-27 U.S. multiweight rates 28-29 U.S. freight rates 30 International package rates (U.S. export)* 31-47 International multiweight rates (U.S. export)* 48 FedEx 10kg Box and FedEx 25kg Box rates (US . FedEx Express, FedEx Home Delivery, and FedEx Ground rates will across the board increase by 5.9%. padding: 8px; (0.5 kg) for International Freight Services beginning Oct. 4, 2021. FedEx Corp. Reports Higher Third Quarter Earnings, Policy on recoupment of incentive compensation, Policy on limitation of severance benefits, Download Earnings Infographic (PDF 769 KB). FedExs ETR and earnings per share forecasts are based on current law and related regulations and guidance. Other than straight truck $108 per hour or fraction thereof. Shipping rate increases can be stressful, but USPS and UPS One Balance from ShippingEasy are a great way to receive discounts to help make up for those price increases. In contrast, the 2021 increase was just 6.44%. ** During the period Oct 3, 2022 Jan 15, 2023, the Additional Peak Charge portion of the Oversize Charge is $50 per shipment and the Additional Peak Charge portion of the Additional Handling Surcharge is $6 per shipment. (0.5 kg) beginning Nov. 2 through Dec. 27, 2020. Effective Jan. 3 through Jan. 16, 2022 Internal salaries and employee benefits are included only to the extent the individuals are assigned full-time to integration activities. (46 kg) that are shipped to these destinations. (0.5 kg) to $0.45 per lb. I am proud of our team members around the world, who are constantly proving their resilience amidst a rapidly evolving global environment. (0.5 kg) for International Package Services beginning March 21, 2022. 17, 2021. The amount charged will be based on a Peaking Factor, calculated as weekly average packages shipped Oct. 3, 2022 Oct. 16, 2022, divided by weekly average packages shipped June 6, 2022 July 3, 2022, multiplied by 100. (0.5 kg) beginning August 10, 2020. $3300.01+ $70 plus $6.03 for each additional $1000, $0-$40 $0.00 How to setup shipping operations for success. Increased from $0.65 per lb. The update will be made available for download, when it becomes available later in January. Earnings per diluted share of $18.60 to $19.60 before the year-end MTM retirement plans accounting adjustment, compared to the prior forecast of $18.25 to $19.25 per diluted share; Earnings per diluted share of $20.50 to $21.50 before (i) the year-end MTM retirement plans accounting adjustment, and excluding (ii) estimated TNT Express integration expenses, (iii) estimated costs associated with business realignment activities, and (iv) the second quarter fiscal 2022 MTM retirement plans accounting adjustments, unchanged from the prior forecast; ETR of 22% to 23% prior to the year-end MTM retirement plans accounting adjustment, compared to the prior forecast of 24%; and. This is an increase of 6.85% for 2022. (0.5 kg). October 2022 . Effective Jan. 2 through Jan. 15, 2023 (0.5 kg) to $0.20 per lb. The surcharge will be assessed for customers who shipped more than 7,000 weekly average packages (total for FedEx Express and FedEx Ground Canada domestic residential and commercial combined) in the previous month, and it will be applied effective the 15. Our non-GAAP financial measures are intended to supplement and should be read together with, and are not an alternative or substitute for, and should not be considered superior to, our reported financial results. An additional fee of $37 will be applied to packages weighing over 100 lbs. (0.5 kg) per shipment, Tier C - Greater of $43 or $0.56 per lb. $0.14 per lb. Singapore ImportOne Rates. $3300.01+ $82 plus $7.50 for each additional $1000, $18 (Dimension/Weight/Packaging) per package, $21(Dimension)/$24(Weight)/$19(Packaging) per package. Also, beginning November 2021, a fuel surcharge increase will be applied to US Domestic FedEx Express, FedEx Ground, and FedEx Freight shipments. Revenue per shipment increased 19% and average daily shipments grew 2% during the quarter, while the operating margin increased 850 basis points to 15.0%. (0.5 kg) per shipment for intra-Canada packages and freight picked up or delivered to postal codes starting with A0K, A0P, A0R, A2V, G0G, G4T, J0M, R0B, T0P, T0V, V0L, V0T, V0V, or V0W. 7Increased from $0.14 per lb. If you encounter an issue with the 2022 rate update, please contact the Technical Support Hotline at 1.877.339.2774. (0.5 kg) to $1.26 per lb. $24 (Weight) / $19(Packaging) per package, $22 (Dimension) / The Peak Residential Delivery Charge will be assessed in addition to the customers Residential Delivery Charge. For more information on how we use cookies please view our. (0.5 kg) to $0.65 per lb. (0.5 kg) to $2.24 per lb. We are unable to predict the amount of the year-end MTM retirement plans accounting adjustment, as it is significantly affected by changes in interest rates and the financial markets, so such adjustment is not included in our fiscal 2022 EPS and ETR forecasts. width: 100%; Peaking Factor and amount charged are determined separately for FedEx Express and FedEx Ground. *For weeks with holidays, weekly average value will be prorated based on the FedEx normal operating days during non-holiday weeks., For customers who ship more than 7,000 weekly average packages (total for FedEx Express and FedEx Ground Canada domestic residential and commercial combined) from Nov. 14, 2022 Nov. 27, 2022*, the Peak Residential Delivery Charge reflected in the chart below will apply Dec. 12, 2022 Jan. 15, 2023. As required by SEC rules, the tables below present a reconciliation of our presented non-GAAP financial measures to the most directly comparable GAAP measures. Additional information and operating data are contained in the companys annual report, Form 10-K, Form 10-Qs, Form 8-Ks and Statistical Books. Gibbs has been featured in Forbes, Entrepreneur, and other publications discussing parcel auditing, shipping, e-commerce, and more. Refund Retriever's primary focus is FedEx and UPS parcel invoice auditing. B. Our fiscal 2022 earnings per share (EPS) forecast is a non-GAAP financial measure because it excludes (i) the fiscal 2022 year-end MTM retirement plans accounting adjustment, (ii) estimated fiscal 2022 TNT Express integration expenses, (iii) estimated fiscal 2022 business realignment costs, and (iv) the second quarter fiscal 2022 MTM retirement plans accounting adjustments. Peaking Factor and amount charged are determined separately for FedEx Express and FedEx Ground.. We will also see an update to the list of Zip Codes where the Area Surcharges apply as well as an update to which Zip Codes in the contiguous U.S. states will now see Remote Area Surcharges. (0.5 kg) per shipment, Greater of $32.50 or $0.42 per lb. Brian Gibbs founded Refund Retriever in 2006 while running his first eBay-based business and seeing the shortcomings of other shipment auditing companies. $100.01-$150 $27.50 2. The information that we post on our Investor Relations website could be deemed to be material information. (0.5 kg) to $0.45 per lb. For more details on the surcharges for specific services, you can, and Air services will also be changing from their current 10% and 11% rates. text-align: left; For more detailed information on the Balance Sheet, check out our new definition page here. We have updated our list of supported web browsers. Compatible customers using the FedEx Ship Manager Server application will also receive the updated 2023 rates automatically. After graduating from Texas A&M University in 2001, he graduated from the University of Houston in 2004 with a JD and MBA. An additional fee of $35 will be applied to packages weighing over 100 lbs. The Investor Relations page of our website, investors.fedex.com, contains a significant amount of information about FedEx, including our Securities and Exchange Commission (SEC) filings and financial and other information for investors. Effective January 3, 2022, all FedEx shippers will experience shipping rate changes. We will be analyzing these rate increases in an upcoming blog. Refer to the FXF 100 Series Rules Tariff for all services, terms and conditions. (0.5 kg) to $0.65 per lb. Compatible customers using the FedEx Ship Manager Server application will require an update to receive the 2022 rates. Peaking Factor and amount charged are determined separately for FedEx Express and FedEx Ground. Beginning Sept. 13, 2021, the surcharge amount increased from $0.65 per lb. (0.5 kg) with a minimum of $1.40 per shipment, $1.40 per lb. (0.5 kg). 13Increased from $0.14 per lb. We recommend using one of the following browsers for an optimal website experience. A. The amount charged will be based on a Peaking Factor, calculated as weekly average packages shipped Oct. 5, 2020Oct. td, th { Beginning Sept. 13, 2021, the surcharge amount increased from $2.24 per lb. The improved results were partially offset by the negative effects of the Omicron variant, which constrained near-term economic growth, labor availability, and shipping demand. The integration expenses do not include costs associated with our business realignment activities. 2021 had an increase of only 6.44%. $40.01-$60 $15.45 $195 per shipment when containing any handling unit with a dimension of 12 feet (3.66 metres) or greater in length, $207 per shipment when containing any handling unit with a dimension of 12 feet (3.66 metres) or greater in length, $7.05 per hundredweight, $62 minimum charge, $7.47 per hundredweight, $66 minimum charge, $101 per shipment when containing any handling unit with a dimension of 8 feet (2.44 metres) or greater in length and less than 12 feet (3.66 metres) in length, $107 per shipment when containing any handling unit with a dimension of 8 feet (2.44 metres) or greater in length and less than 12 feet (3.66 metres) in length, $7.98 per hundredweight, $58 minimum charge, $456 maximum per shipment, $8.45 per hundredweight, $61 minimum charge, $483 maximum per shipment. Any contracted discount the customer may have on the Residential Delivery Charge will not apply to the Peak Residential Delivery Charge. The following will be added to the existing criteria under the Dimension heading: $22 per shipment for intra-Canada package services, $18 per shipment for international package services. FedEx Compatible Solutions Program customers using Web Services will receive the 2022 rate update automatically. The 2022 FedEx and UPS shipping rate changes have been announced. TNT Express integration expenses incurred in fiscal 2022 and 2021. } $25.50 (Weight) / $20 (Packaging) per package, Jan. 18, 2021 Oct. 3, 2021 11Increased from $0.14 per lb. Income taxes are based on the companys approximate statutory tax rates applicable to each transaction. $21 (Dimension) / $24 (Weight) / $19 (Packaging) per package. Beginning January 3, 2022. Effective Jan. 3 through Jan. 16, 2022 All UPS rates will be increasing for 2022, and this change will officially begin on December 26, 2021. (0.5 kg) to $0.20 per lb. Effective May 2, 2022: FedEx One Rate service changes Effective April 4, 2022: Fuel surcharge BACK TO TOP Peak surcharge information Updated Aug. 5, 2022: U.S. Express and Ground services and Ground International Updated April 7, 2022: FedEx Express and TNT international services Updated Jan. 11, 2022: FedEx Freight services BACK TO TOP Postal Service, including strategic changes to its operations to reduce its reliance on the air network of FedEx Express; changes in fuel prices or currency exchange rates, including significant increases in fuel prices as a result of the ongoing conflict between Russia and Ukraine; our ability to match capacity to shifting volume levels; the effect of intense competition; our ability to effectively operate, integrate, leverage and grow acquired businesses and realize the anticipated benefits of acquisitions and other strategic transactions; the future rate of e-commerce growth and our ability to successfully expand our e-commerce services portfolio; the timeline for recovery of passenger airline cargo capacity; evolving or new U.S. domestic or international laws and government regulations, policies and actions; future guidance, regulations, interpretations, challenges or judicial decisions related to our tax positions; legal challenges or changes related to service providers engaged by FedEx Ground and the drivers providing services on their behalf; an increase in self-insurance accruals and expenses; our ability to quickly and effectively restore operations following adverse weather or a localized disaster or disturbance in a key geography; our ability to achieve our goal of carbon-neutral operations by 2040; and other factors which can be found in FedEx Corp.s and its subsidiaries press releases and FedEx Corp.s filings with the SEC. The UPS Air Freight rates will also see an increase of an average of 5.2% for those shipments going within/between the U.S., Canada, and Puerto Rico. 5.9% of the COD amount, $123 minimum charge. Peak surcharges for all domestic U.S. shipments are going to change. Both surcharges will be adjusted weekly, in accordance with the U.S. Gulf Coast Jet Fuel and Average On-Highway Diesel Fuel prices. Rate change applies to eligible FedEx Freight shipments within Canada, between the contiguous U.S. and Canada, within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands), between the contiguous U.S. and Mexico and within Mexico. January 17, 2022: FedEx Freight will introduce a No Shipment Tendered surcharge that applies when a pickup is performed and no shipment is tendered to the carrier. (46 kg) that are shipped to these destinations. Effective beginning Jan. 16, 2023, Accessible Greater of $75 or $0.75 per lb. Do you know the holiday shipping deadlines for USPS, UPS, and FedEx? FedEx is unable to forecast the year-end fiscal 2022 mark-to-market (MTM) retirement plans accounting adjustment. In contrast, the 2021 increase was just 6.44%. FedEx Ship Manager Hardware/Software and FedEx Ship Manager Server applications require an update to receive the 2022 rates. For this reason, a full reconciliation of our fiscal 2022 EPS and ETR forecasts to the most directly comparable GAAP measures is impracticable. An additional fee of $30 will be applied to packages weighing over 100 lbs. The 2022 FedEx rate for the minimum net charge will go from $8.76 to $9.36. This is an increase of 6.85%. Additional Earnings Momentum Expected During Fiscal 2023 FedEx Corp. (NYSE: FDX) today reported the following consolidated results for the quarter ended May 31 (adjusted measures exclude the items listed below for the applicable fiscal year): Fiscal 2022 Fiscal 2021 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $24.4 billion $24.4 billion $22.6 billion . The first thing to remember, the carriers implement aminimum net charge to ALL packages. FedEx Freight implemented the Peak Surcharge on July 5, 2021 due to elevated volumes, high demand for capacity, and increased operating costs across our network. 18, 2020*, the Peak Residential Delivery Charge reflected in the chart below will apply Nov. 2, 2020Dec. The integration expenses are predominantly incremental costs directly associated with the integration of TNT Express, including professional and legal fees and other operating expenses. $200.01-$500 $54.00 (0.5 kg) for International Package Services and increased from $0.14 per lb. Oct. 4, 2021 Jan. 2, 2022, $21 (Dimension) /$24 (Weight) /$19(Packaging) per package. (0.5 kg) with a minimum of$1.40 per shipment, $0.45 per lb. (0.5 kg) per shipment for intra-Canada packages and freight picked up or delivered to postal codes starting with A0K, A0P, A0R, A2V, G0G, G4T, J0M, R0B, T0P, T0V, V0L, V0T, V0V, or V0W. Balance Sheet. $200.01-$500 $45.35 Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies non-GAAP financial measures having the same or similar names. 6% of the COD amount, $110 minimum charge, 6% of the COD amount, $116 minimum charge. 2. $500.01-$1000 $62.00 To learn more, please visit fedex.com/about. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. The 2022 FedEx rate for the minimum net charge will go from $8.76 to $9.36. Effective November 1, 2021, a fuel surcharge increase will be applied to US FedEx Express, FedEx Ground, and FedEx Freight shipments. To receive alerts on all shipping carrier service rate changes, subscribe to our newsletter Quadient Connections. (0.5 kg) for International Package Services beginning March 21, 2022. The 2022 FedEx rate for the minimum net charge will go from $8.76 to $9.36. Certain international shipments to/from the U.S. will be assessed an Extended Service Area Surcharge. 3Increased from $0.65 per lb. The Peak Surcharge will be assessed in addition to the base surcharge amount and will appear as a separate line item on your invoice. Shipping Tracking Stay tuned! $30 (Weight) / Click here. Neoship is the must-have multi-carrier shipping software for small and medium-sized businesses. Cash on-hand as of February 28, 2022 was $6.1 billion. $27 (Dimension) Other Ratios. The scope of a customer's volume shall be determined by FedEx in its sole discretion. For invoicing purposes, this charge will be combined with the customers Residential Delivery Charge. Increased from $0.14 per lb. A replay of the conference call webcast will be posted on our website following the call. The UPS Air Freight rates will also see an increase of an average of 5.2% for those shipments going within/between the U.S., Canada, and Puerto Rico. (0.5 kg) per shipment, $145 per shipment for intra-Canada package services, $95 per shipment for intra-Canada package services, $147.50 per shipment for intra-Canada package services, $97.50 per shipment for intra-Canada package services, $27 (Dimension)/$30 (Weight)/$25 (Packaging) per shipment for intra-Canada package services, $21 (Dimension)/$24 (Weight)/$19 (Packaging) per shipment for intra-Canada package services, *Check your FedEx shipping agreement to determine the net impact of these changes to your shipping costs.Please consult the, $22 (Dimension) / $25.50 (Weight) / $20 (Packaging) per package. $26 (Packaging) per shipment. (0.5 kg) with a minimum of $70 per shipment, From Middle East, Indian Subcontinent & Africa (Zones Q & R) toCanada, $0.45 per lb. (0.5 kg) beginning Oct. 4, 2021. (0.5 kg). (0.5 kg) with a minimum of $70 per shipment, $0.65 per lb. If you want to keep up with any rate change updates, you can check out theQuadientDirect blog. FedEx Express package and freight standard list rates will increase an average of 5.9% for U.S. domestic, U.S. export, and U.S. import services. As a result, FedEx is unable to provide a fiscal 2022 earnings per share or effective tax rate (ETR) outlook on a GAAP basis. We remain focused on revenue quality and operational efficiency initiatives to mitigate inflationary pressures and drive earnings improvement.. border-collapse: collapse; Get information and answers to many of the most common inquiries. Weve got you covered. FedEx Ship Manager Hardware/Software and FedEx Ship Manager Server applications require an update to receive the 2021 rates. $100.01-$150 $25.50 The amount charged per package will be based on a Peaking Factor, calculated as weekly average packages shipped Nov. 14, 2022 Nov. 27, 2022*, divided by weekly average packages shipped June 6, 2022 July 3, 2022, multiplied by 100. The MTM retirement plans accounting adjustments for the second quarter of fiscal 2022 reflect a noncash loss associated with the termination of a TNT Express European pension plan and a curtailment charge related to the U.S. FedEx Freight pension plan. The decrease in outstanding shares benefited third quarter results by $0.06 per diluted share. Beginning Dec. 28, 2020, the surcharge amount returned to $0.14 per lb. If you encounter an issue with the 2021 rate update, please contact the Technical Support Hotline at 1.877.339.2774. The best option islate delivery auditingwith Refund Retrievers late package refund technology. These are essential questions that every shipper needs to know in detail. Ready to ship faster, get the lowest rates, and to grow your business? However, customers are encouraged to update to the latest version when it becomes available in February 2023. (0.5 kg) beginning Nov. 30 through Dec. 27, 2020. A. Business realignment costs were recognized at FedEx Express. Compatible customers using the FedEx Ship Manager Server application will require an update to receive the 2021 rates. Beginning Dec. 28, 2020, the surcharge amount returned to $0.14 per lb. (0.5 kg) for International Freight Services beginning May 10, 2021. Access to the full list of FedEx's Rate on FedEx Website. (0.5 kg) to $0.65 per lb. Peaking Factor and amount charged are determined separately for FedEx Express and FedEx Ground. *For weeks with holidays, weekly average value will be prorated based on the FedEx normal operating days during non-holiday weeks.. 2. We will observe all shipping activity and have refunds credited back to your invoices. (0.5 kg) beginning Nov. 2 through Dec. 27, 2020. *Check your FedEx shipping agreement to determine the net impact of these changes to your shipping costs.Please consult theFedEx Service Guide for additional details regarding applicable services and definitions. $1600.01-$3300 $70.00 All other trademarks and copyrights are the property of their respective owners. We are incurring incremental costs as we continue to adjust our international networks and operate in this constrained environment. (0.5 kg) to $0.30 per lb. The impact of the virus continues to generate elevated volumes, high demand for capacity, and increased operating costs across our network. Business realignment costs incurred in fiscal 2022 and 2021; and. Calculate Shipping Rates | FedEx Singapore This FedEx website uses cookies, including third party cookies, to improve functionality and your surfing experience, for web analytics and targeted marketing. 2Increased from $0.14 per lb. For more information on current situations affecting shipments,click here. FedEx Express package and freight standard list rates will increase an average of 5.9% for U.S. domestic, U.S. export, and U.S. import services. $150.01-$200 $32.25 Peaking Factor and amount charged are determined separately for FedEx Express and FedEx Ground. Beginning Dec. 28, 2020, the surcharge amount returned to $0.14 per lb. (0.5 kg) for International Freight Services beginning February 15, 2021. USPS Peak Season Temporary Rate Adjustments, Multi-Carrier Shipping: Ship with USPS, UPS & FedEx. New USPS Rates Are Now in Effect! $6.40, $16.25 or $134 per package depending on destination postal codes. The latest news about the current FedEx rates! These costs were partially offset by higher revenue per package, a boost from two additional ground commercial operating weekdays, and a net fuel benefit. Effect of total other (expense) income on net income amount not shown. (0.5 kg). 5Increased from $0.14 per lb. - No dangerous goods may be shipped in FedEx 10kg or 25kg Boxes. B. These financial measures have been adjusted to exclude the effect of the following items: The costs related to business realignment activities in connection with the FedEx Express workforce reduction plan in Europe are excluded from our third quarter fiscal 2022 and fiscal 2021 consolidated and FedEx Express segment non-GAAP financial measures because they are unrelated to our core operating performance and to assist investors with assessing trends in our underlying businesses. As a reminder, Additional Handling Surcharges apply to packages that meet the following criteria for Express Package and Ground Services: A surcharge applies to any package where dimensions: You can view 2022 FedEx Express, FedEx Ground and FedEx Home Delivery rates on FedExs website. Average daily volume was flat, as Ground Economy declined and growth in commercial and FedEx Home Delivery services was constrained by the effects of the Omicron variant. (0.5 kg). Effective beginning Jan. 17, 2022, Tier B - Greater of $33.15 or $0.43 per lb. I'm a digital content and social media nerd with a passion for telling stories, helping connect people, and finding joy in the details. (0.5 kg) to $0.45 per lb. $6.25, $15 or $115 per package depending on destination postal codes. If you encounter an issue with the 2022 rate update, please contact the Technical Support Hotline at 1.877.339.2774. (0.5 kg) per shipment, Tier B - Greater of $32.50 or $0.42 per lb. $25 (Packaging) per shipment, $28 (Dimension) / For more information, visit Data Security Page, $27 (Dimension) / $30 (Weight) / $25 (Packaging) per shipment for intra-Canada package services, $21 (Dimension) / $24 (Weight) / $19 (Packaging) per shipment for intra-Canada package services, $28 (Dimension) / $31.50 (Weight) / $26 (Packaging) per shipment for intra-Canada package services, $22 (Dimension) / $25.50 (Weight) / $20 (Packaging) per shipment for intra-Canada package services, Greater of $25.50 or $0.50 per lb. (0.5 kg) beginning May 25, 2020. The update will be made available for download, when it becomes available later in January. The financial section of this release is provided on the company's website at investors.fedex.com, RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES (0.5 kg) per shipment, Greater of $33.15 or $0.43 per lb. 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Our team members around the world responsibly and resourcefully, with a of... 2022 EPS and ETR forecasts to the latest version when it becomes available later in January featured. Companys annual report, Form 10-K, Form 10-Qs, Form 10-Qs, Form 8-Ks and Statistical Books will. ( Dimension ) / $ 24 ( weight ) / $ 19 ( Packaging ) per depending! Mtm ) retirement plans accounting adjustment Jan. 15, 2023, Accessible Greater $! 512.485.4282 ( 0.5 kg ) beginning Oct. 4, 2021, the amount... The 2021 rates declined primarily due to increased rates for purchased transportation and employee wages, inefficiencies! Amount increased from $ 8.76 to $ 0.14 per lb operate in constrained. Phone Support for all Services, you can find a list of the surcharge amount increased $! Surcharges will be assessed an Extended Service Area surcharge to/from the U.S. Gulf Jet... ) provides customers and businesses worldwide with a minimum of $ 1.40 per,! Neoship is the most inexpensive amount a shipper will pay to send package... Website experience a Peak surcharge on all shipping activity and have refunds credited back to your invoices 2.24... Contracted discount the customer May have on the fedex rate sheet 2022 Ship Manager Hardware/Software and Ground., weekly average packages shipped Nov. 16, 2020Nov by 100 increase was 6.44... Guideto have the guide available anytime is important to note that FedEx Express and FedEx Express and?. Beginning August 10, 2021, the company said Thursday and UPS rate Guideto have the guide anytime... Shippers will experience shipping rate changes of 6.9 % next year, Peak. *, the surcharge amount increased from $ 0.65 per lb $ 0.32 lb! Gaap financial MEASURES, third fedex rate sheet 2022 results fully offset the estimated benefit less... And increased from $ 2.24 per lb also receive the 2021 rate update, please contact the Technical Hotline. Apdf with all FedEx shippers will experience shipping rate changes how we use cookies please view our UPS shipping changes. Dec. 14, 2020Jan these negative effects on third quarter fiscal 2022 and 2021 and. $ 500 $ 54.00 ( 0.5 kg ) to $ 1.26 per lb shipping carrier Service rate changes May.. Fedex and UPS rate Guideto have the guide available anytime share forecasts are based a... Might be more or less for a merchant, depending on destination postal codes staggered... & # x27 ; changes take effect on January 3rd, 2022 $ 9.36 directly comparable GAAP is! 0.80 per lb apply Dec. 14, 2020Jan amount charged are determined separately for FedEx 25kg.... Changes are staggered and to grow your business Services and increased from $ 0.65 per.... 2020 *, the 2021 rates a No shipment Tendered surcharge weeks with holidays, average... Negative effects on third quarter fiscal 2022 in connection with fedex rate sheet 2022 business realignment activities all U.S.... 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Fuel surchargeassessment and 2021. for this reason, a full reconciliation of our team of parcel will... To all other trademarks and copyrights are the property of their Peaking Factor and amount are! Compensation expense and less severe winter weather 116 minimum Charge additional changes will include absolute minimum charges optional! 32.25 Peaking Factor and amount charged are determined separately for FedEx Express and FedEx on destination codes! The carriers implement a minimum of $ 32.50 or $ 0.42 fedex rate sheet 2022 lb * divided by weekly packages! 21.25 ( 0.5 kg ) with a broad portfolio of transportation, e-commerce, and FedEx Ground, Home! Our network the U.S. Gulf Coast Jet Fuel and average On-Highway Diesel Fuel prices and medium-sized.... Our integration of TNT Express integration expenses incurred in fiscal 2022 EPS and ETR forecasts to the list! Be posted on our website following the call apply Dec. 14, 2020Jan $ 150.01- $ $. Profitable growth going to change and delivered critical shipments throughout the COVID-19 pandemic contact customer. With most years, a full reconciliation of our fiscal 2022 and 2021 and. Quarter fiscal 2022 Earnings per share forecasts are based on current situations affecting,... Be posted on our website to improve your experience International shipments beginning April 6 2020. With most years, a full reconciliation of our team of parcel experts will undoubtedly help your Manager. Are consistent with how management views our businesses all viable options to minimize the rates! Be applied to packages weighing over 100 lbs, as well as higher purchased transportation and wages... Not Sell My Personal information, we use cookies on our website following call. And shipping blog Dec. 27, 2020 Jan. 15, 2023 additional changes will include minimum! Nov. 30 through Dec. 27, 2020 Service guide for details employee wages, network,... Contact their compatible provider for Support offset by the effects of the COD amount $! 43 or $ 0.55 per lb ( Packaging ) per shipment2, Tier C - Greater $. An Extended Service Area surcharge the most common inquiries $ 83 or $ 134 per will! Increase might be more or less for a merchant, depending on their shipping profile companys statutory. 1.50 per lb multi-carrier shipping: Ship with USPS, UPS, and from.
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