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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 This material may not be published, broadcast, rewritten or redistributed.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 79 146 10,368
MORTGAGES 95 202 13,529
FORECLOSURE NOTICES 19 43 2,687
BUILDING PERMITS 0 393 24,700
BANKRUPTCIES 62 122 10,014
BUSINESS LICENSES 21 37 3,773
UTILITY CONNECTIONS 99 248 14,805
MARRIAGE LICENSES 27 58 3,225

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