8/29/2023 0 Comments Fedex zone chart ground![]() It’s important to remember that the term “On Average” means some increases will be less than the 6.9% in certain categories, and some will of course be much higher than 6.9%. So, we expect that UPS will announce similar GRI’s in the near future. We have no reason to believe that this year will be any different. Historically UPS’s GRI levels have matched or been very close to those announced by FedEx. This year, FedEx is increasing their Annual “AVERAGE” GRI to 6.9%. For 2022, FedEx jumped their annual “AVERAGE” GRI from the previous year’s 4.9% to 5.9%. With all of the recent negative operational and financial news surrounding FedEx, it is not surprising that FedEx’s “AVERAGE” General Rate Increase for this coming year is significantly higher than it has been in the past. The magnitude of the announced FedEx increases comes as no surprise to us. To start, this year’s parcel carrier GRI notices have been led by FedEx and of course as we all know, this is just the beginning of next year’s GRI notifications. Well, it’s that time of year again when we start to receive notices of General Rate Increases (GRI’s), for the major freight carriers. ![]() Everything you need to know about the new FedEx GRIs ![]()
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