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VOL. 126 | NO. 236 | Monday, December 5, 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 This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 88 278 924
MORTGAGES 80 320 1,066
FORECLOSURE NOTICES 0 67 202
BUILDING PERMITS 120 590 2,248
BANKRUPTCIES 55 222 624
BUSINESS LICENSES 31 162 462
UTILITY CONNECTIONS 0 79 259
MARRIAGE LICENSES 12 49 130