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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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 92 345 2,680
MORTGAGES 74 340 3,234
FORECLOSURE NOTICES 33 78 555
BUILDING PERMITS 188 810 5,813
BANKRUPTCIES 41 234 2,013
BUSINESS LICENSES 25 116 1,012
UTILITY CONNECTIONS 33 129 1,141
MARRIAGE LICENSES 14 66 409

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