FedEx announces 3.5 pct '07 rate hike, stock rises

Discussion in 'The Latest FedEx Headlines' started by ROBO MOD, Nov 3, 2006.

  1. ROBO MOD

    ROBO MOD I'm a Robot Staff Member

    FedEx announces 3.5 pct '07 rate hike, stock rises - Reuters

    The Memphis, Tennessee-based package delivery company said it will raise its standard list rate by 5.5 percent, but the effect of the increase will be offset by a 2 percentage point reduction in its fuel surcharge.