USPS and FedEx Pricing Changes
by Jarrett Streebin
USPS and FedEx recently announced some pricing changes.
First Class received a 3.5% to 4.2% price reduction on Retail rates. All our customers are on Commercial Plus Pricing, but for First Class Parcels Retail rates are lower than Commercial Plus Pricing. We do this automatically for all customers.
Going forward, any First Class Parcels weighing between 1 and 3 ounces now cost $2.45 instead of $2.54. This was active on April 10th, 2016.
On the recent FedEx earnings call it was announced that beginning June 1 FedEx will reduce its additional handling surchage threshold from 60 inches to 48 inches. This will apply to all FedEx Ground shipments.