FedEx implemented the Peak Surcharge on April 6, 2020 due to elevated volumes, high demand for capacity, and increased operating costs across our network.
To provide our customers with the best possible service during this time, beginning October 4, 2021, the surcharge amount for FedEx Express parcel and freight and TNT international parcel shipments originating from MEISA, destined for the U.S. and Canada will increase from $0.22/kg to $0.77/kg for parcel and from $0.77/kg to $2.00/kg for freight.
The surcharge amount from India to Latin American countries will increase from $0.22/kg to $0.77/kg for parcel and from $0.22/kg to $2.00/kg for freight.
The surcharge rate per kg will be applied as shown below:
Surcharge Amount (BHD per Kilo)
|Origin Country||Rate / kg|
|Effective Date: October 4, 2021
Parcel Min. Charge: BHD 0.4 / Shipment
Freight Min. Charge: BHD 19 / Shipment
Surcharge change will also apply to other destinations in the same zone as US/CA
Minimum amount for parcel: $1 and minimum amount for freight: $50. Applicable Surcharge amount will be the higher of the per kg rate OR Minimum amount. The above mentioned rates are subject to exchange rate fluctuations. The surcharges in other countries remain unchanged.
Why is FedEx instituting a peak surcharge increase during a global health crisis?
The restrictions issued by various governments to contain the spread of COVID-19 are disrupting the global supply chain. Air cargo capacity is limited, and we’ve had to make adjustments so that our international networks can best deliver much-needed goods and services in this constrained environment.
How long will the surcharge remain in effect?
Until further notice. Market conditions are shifting rapidly because of COVID-19 and we will evaluate this surcharge on an ongoing basis.