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VOL. 126 | NO. 236 | Monday, December 05, 2011

FedEx to Increase Ground and Home Delivery Rates

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MEMPHIS (AP) – Shipping company FedEx says it will increase shipping rates for FedEx Ground and FedEx Home Delivery by a net average of 4.9 percent in January.

The ground and home delivery full average rate increase of 5.9 percent that goes into effect on Jan. 2 will be partially offset by a 1-percentage-point reduction in fuel surcharges. FedEx SmartPost rates also will change.

FedEx Corp. said in September that it would increase FedEx Express shipping rates by an average of 3.9 percent for U.S. domestic, export and import services. That's also effective on Jan. 2.

And FedEx Freight hiked its rates 6.75 percent in September.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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