FedEx Express rates to rise by most since 2001

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FedEx Express rates to rise by most since 2001 - Reuters

Package delivery company FedEx Corp said on Friday that net average rates at its express delivery unit would rise 4.9 percent in 2008, which analysts said was the biggest hike since 2001.

The company raised rates by a net of 3.5 percent for 2007 and for 2006.
 
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