FedEx will hike rates in January

9/20/2008 8:54:02 AM

FedEx Corp. said it will increase shipping rates by an average of 6.9 percent for U.S. and U.S. export services, effective Jan. 5.   The company said the rate increase would be partially offset by adjusting the fuel price at which the fuel surcharge begins, reducing the fuel surcharge by two percentage points.   Additional changes will be made to other FedEx Express surcharges, details of which can be found at www.fedex.com/us/2009rates. It said FedEx Ground’s rate and surcharge increases for 2009 will be announced later this year.   American Shipper

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