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FedEx tacks on peak fees during holiday season
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FedEx is imposing extra fees onto customers during its holiday peak season as it prepares for a surge in residential deliveries.
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The carrier, which has long dominated the U.S. package-delivery business, said customers who meet a certain volume threshold will be charged a Peak Residential Delivery Charge for certain packages shipped anytime between Nov. 2 and Jan.17.
"As the impact of the virus continues to generate a surge in residential deliveries, we are entering this holiday peak season with extremely high demand for capacity and are experiencing increased operating costs across our network," FedEx said. "We anticipate residential volume to continue to surge into the new year."