|
The rate increases announced by the Atlanta-based company appear to be in line with rate increases announced by Memphis, Tenn.-based FedEx Corp. on Oct. 26.
FedEx said it will increase its air shipping rates in 2008 by an average of 4.9 percent. Listed rates for packages and freight carried by the cargo airline FedEx Express will go up by 6.9 percent. But the increase is offset by a 2 percent reduction in the fuel surcharge.
It applies to air shipping within the U.S. and items exported abroad.
FedEx also said that rates are expected to go up for ground shipping in the U.S. Those increases will be announced later this year.
[Associated Press]
Copyright 2007 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or
redistributed.
 |
