Online Merchants Face Annual Increase in Shipping Costs
By Ina Steiner
AuctionBytes.com
December 06, 2010
Whichever carrier you use to ship your orders, you'll be paying more beginning in January. FedEx announced on Friday it would increase shipping rates for FedEx Ground and FedEx Home Delivery by a net average of 4.9% effective January 3, 2011. Like UPS, the 2011 rates are actually rising by 5.9% but will be offset by a 1% reduction in the fuel surcharge.
FedEx had previously announced it would increase shipping rates for FedEx Express, also effective January 3, 2011, and said it would implement a change to the dimensional weight volumetric divisor from 194 to 166 for U.S. domestic services.
The USPS had announced that its prices for Priority Mail and other Shipping Services would increase overall by 3.6% effective January 2, 2011, pending Postal Regulatory Commission review.