I use FedEx as my main shipper at work. Last week I got a letter stating rates are going up an average of 8%. I wonder how much of that increase is to cover FedEx’s ass regarding these fines.
Probably more to do with fuel costs.
Sounds like your company negoatiated a bad contract with FedEx. The 2008 standard increase is 6.9% less a 2% reduction in their fuel surcharge tariff, for a net average increase of 4.9%.