FedEx To Hike Shipping Rates In January

By Sue ChangMarketsMarketWatch Pulse

FedEx Corp. plans to raise shipping rates in January with all its services affected, the company said late Monday. FedEx Express will raise charges by an average 3.9% while FedEx Ground and FedEx Home Delivery will also increase fees by 4.9%. Shares of FedEx were mostly unchanged in the after-hours session.

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