FedEx announced 2024 peak season surcharges on Thursday that are costlier than last year and feature two new fees for shippers to navigate.
The increases start Sept. 30 for packages that are oversized, unauthorized or require additional handling. Then, on Oct. 28, demand surcharges take effect for shipments across various FedEx delivery services. The peak season fees end Jan. 19, 2025.
The peak season surcharges fall closely in line with rival UPS, save for slightly different dates in which they apply and minor pricing variations. Both companies’ 2024 fees feature new charges that impact air and ground shipping services.
As in previous years, FedEx said the surcharges allow it to prepare for high demand and maintain strong service during the holiday shipping rush.
“We again anticipate the surge in volume to carry over into the new year,” the company said.