FedEx to Raise Ground and Home Delivery Rates

NEW YORK (AP) —

FedEx will raise its FedEx Ground and FedEx Home Delivery rates in January, in addition to raising express shipping rates.

The Memphis, Tenn., company says ground and home delivery rates will increase by an average of 4.9 percent on Jan. 6. FedEx SmartPost rates will also change. Details of new surcharges and rates will be posted to the company’s website on Friday.

In September, FedEx Corp. said it will raise FedEx Express shipping rates by an average of 3.9 percent. That change will also take effect Jan. 6.

FedEx Corp. shares fell 49 cents to $138.22 on Thursday.

To Read The Full Story

Are you already a subscriber?
Click to log in!