FedEx Price Update Delivers Sour Note to Online Shoppers - Motley Fool
By now, you've probably heard the news: FedEx is changing how it charges for delivery of light weight, but large size, packages to your home or business. Dubbed "dimension-based pricing," FedEx's pricing scheme isn't exactly a new idea in the shipping business. But how FedEx plans to use the scheme here in the U.S. is. And it's directly relevant to you both as a consumer -- and also as an investor.
What dimension-based pricing is
Here's how FedEx describes the plan:
"Effective January 1, 2015, FedEx Ground will apply dimensional weight pricing to all shipments. Currently, FedEx Ground applies dimensional weight pricing only to packages measuring three cubic feet or greater."
By now, you've probably heard the news: FedEx is changing how it charges for delivery of light weight, but large size, packages to your home or business. Dubbed "dimension-based pricing," FedEx's pricing scheme isn't exactly a new idea in the shipping business. But how FedEx plans to use the scheme here in the U.S. is. And it's directly relevant to you both as a consumer -- and also as an investor.
What dimension-based pricing is
Here's how FedEx describes the plan:
"Effective January 1, 2015, FedEx Ground will apply dimensional weight pricing to all shipments. Currently, FedEx Ground applies dimensional weight pricing only to packages measuring three cubic feet or greater."