FedEx raising some shipping rates by 4.9 pct - Reuters
FedEx Corp said it will raise rates for FedEx Ground and FedEx Home Delivery by a net average 4.9 percent next year, matching the 2011 increase.
FedEx and its larger competitor United Parcel Service are among transportation companies that have been able to pass through higher rates to their customers, despite an uneven economic recovery, because of demand for their services.
FedEx Corp said it will raise rates for FedEx Ground and FedEx Home Delivery by a net average 4.9 percent next year, matching the 2011 increase.
FedEx and its larger competitor United Parcel Service are among transportation companies that have been able to pass through higher rates to their customers, despite an uneven economic recovery, because of demand for their services.
