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FedEx raising rates

Wire Reports
By Wire Reports
1 Min Read Dec. 4, 2010 | 15 years Ago
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FedEx Corp. is raising rates for ground shipping and home delivery by an average of 4.9 percent next month.

The world's second-largest package delivery company said Friday that the new rates will take effect Jan. 3.

The full rate increase of about 5.9 percent is being partly offset by adjusting when the fuel surcharges kick in, which trims the surcharge by 1 percentage point.

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