FedEx Ground to Increase 2007 Rates 4.9%

December 4, 2006 1:45 PM, EST

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edEx Corp. said Monday it will raise standard rates for FedEx Ground and FedEx Home Delivery by an average of 4.9%, effective Jan. 1.

The changes follow the company’s announcement last month that it will increase the net average shipping rate for FedEx Express by 3.5% in January. (Click here for previous coverage.)

The announced increase is in addition to other changes to FedEx Express, FedEx Ground and FedEx Home Delivery surcharges, the company said.

The changes include an adjustment to the fuel surcharge for FedEx Ground shipments that will be assessed on additional applicable transportation-related surcharges.

FedEx is ranked No. 2 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.