FedEx Express to Raise Rates 3.5% in 2007
edEx Corp. will increase the net average shipping rate for FedEx Express by 3.5%, the company said Friday.
FedEx will raise standard list rates 5.5% and offset the increase with a 2% fuel surcharge reduction, the carrier said in a statement.
The new rates will be effective Jan. 1 and apply to U.S. domestic and U.S. export express package and freight shipments.
FedEx is ranked No. 2 on the Transport Topics 100 list of U.S. and Canadian for-hire carriers.