Monday, December 6, 2010

FedEx to Raise Ground Rates 4.9%

(Transport Topics)

FedEx Corp. said Friday it would raise shipping rates for its Ground and Home Delivery units by a net average of 4.9%, effective Jan. 3.

Rates will actually increase an average of 5.9%, but FedEx will also adjust the threshold at which the fuel surcharge begins, reducing it by one percentage point, the carrier said in a statement. Read more here.

Rate change information is available from the carrier at here.