FedEx Increasing Ground Rates, Reducing Fuel SurchargePosted: December 6, 2011
Federal Express (FDX) announced that it will raise rates for ground shipping by 5.9%. Fuel surcharges are getting cut by 1%. For more details see: “FedEx Ground to Raise Rates 4.9 Percent”
Note that this compares to a UPS rate hike of 4.9% for ground shipping, and recent moves by the U.S. Postal Service to hike shipping rates to stave off bankruptcy.