American Dollar to Canadian Dollar = 0.792348; American Dollar to Chinese Yuan = 0.157203; American Dollar to Euro = 1.103373; American Dollar to Japanese Yen = 0.008398; American Dollar to Mexican Peso = 0.048838.
https://www.x-rates.com/table/?from=USD&amount=1.00
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FedEx’s rate jump is an annual fixture in the parcel delivery world, and the upcoming hike mirrors the 5.9% increase it implemented in 2024 and 2025. Rival UPS levies similar price bumps each year, although the carrier hasn’t announced a 2026 increase as of Friday.
The January price increase from FedEx comes as shippers grapple with heightened delivery costs due to surcharges and reduced discounting activity. The TD Cowen/AFS Freight Index reported in July that per-package ground delivery rates reached a record high in Q2 and are expected to remain elevated.
Although FedEx is hiking various surcharges, the bump for additional handling and oversized shipping fees is much lower than it was in 2025, parcel analyst and LPF Spend Management founder Nate Skiver said on LinkedIn. For example, a weight-based additional handling surcharge for a Zone 2 shipment increased by $9 to $43.50 in FedEx’s previous annual rate hike. That fee will increase by $2.50 to $46 in 2026.
UPS announced second-quarter 2024 consolidated revenues of $21.8 billion, a 1.1% decrease from the second quarter of 2023. Consolidated operating profit was $1.9 billion, down 30.1% compared to the second quarter of 2023, and down 29.3% on an adjusted basis. Diluted earnings per share were $1.65 for the quarter; adjusted diluted earnings per share of $1.79 were 29.5% below the same period in 2023. For the second quarter of 2024, GAAP results include an after-tax charge of $120 million, or $0.14 per diluted share, comprised of a one-time payment of $94 million to settle an international regulatory matter, and transformation and other charges of $26 million. “I want to thank all UPSers for their hard work and efforts in the second quarter,” said Carol Tomé, UPS chief executive officer. “This quarter was a significant turning point for our company as we returned to volume growth in the U.S., the first time in nine quarters. As expected, our operating profit declined in the first half of 2024 from what we reported last year. Going forward we expect to return to operating profit growth.”
National Average Price for Regular Unleaded Current: $3.537; Month Ago: $3.319; Year Ago: $3.461. National Average Price for Diesel Current: $4.042; Month Ago: $4.069; Year Ago: $4.240.