- FedEx (NYSE:FDX) announces new shipping rates that will go into effect on January1.
- FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx One Rate pricing will increase by an average of 3.5%.
- FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%. The company says FedEx SmartPost rates will also change.
- FedEx Freight shipping rates will be 4.9% higher on average.
- The company also outlined some surcharges and additional charges that will be applied next year.
- FDX +0.14% after hours to $215.38.
- Source: Press Release