UPS and FedEx Increase Fuel Surcharges

02/04/2015 — PartnerShip

FedEx and UPS have both increased their fuel surcharges, effective February 2, 2015. This increase, combined with both companies’ general rate increases in late 2014, mean that almost all shippers will pay more to ship small parcels this year.

FedEx has updated its fuel surcharges for FedEx Express, FedEx Ground, and FedEx Freight offerings that will see costs for FedEx Express and International services rising by up to 4 percent, and Ground service increasing by up to 3.5 percent. The fuel surcharge rate increase will impact virtually all FedEx shippers.

UPS also increased its fuel surcharges for UPS Air and International, and Ground products, which also went into effect February 2nd. UPS Ground fuel surcharges will increase between 0.25 percent and 0.50 percent, and UPS Air and International fuel surcharges will increase up to 0.75 percent.

These fuel surcharges, coupled with both companies’ shift to dimensional pricing, mean that virtually all small package shippers will see cost increases.

PartnerShip can help manage the impact of small package rate increases. We partner with over a hundred trade associations to offer discounted shipping to their members. Companies that enroll in one of these free programs receive significant discounts on select FedEx^® services, which can help offset these rate increases. 

For more information, email sales@PartnerShip.com or call 800-599-2902.