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12/5/2013 4:30:00 PM Write a Letter to the Editor Write a letter to the Editor

FedEx Ground Sets 4.9% Rate Increase for 2014

FedEx Corp.

FedEx Ground will raise its 2014 rates by an average 4.9%, the company announced Dec. 5.

The increase will take effect Jan. 6, and the Ground unit’s FedEx SmartPost rates also will change, parent company FedEx Corp. said in a statement.

FedEx Express announced in September that it will boost shipping rates by an average 3.9%, also effective Jan. 6.

FedEx Freight, the company’s less-than-truckload unit, raised its rates by 4.5% in July.

FedEx Corp., which will release its fiscal second-quarter earnings Dec. 18, is ranked No. 2 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

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