FedEx to hike ground, express delivery rates

Staff Writer
Columbus CEO

MEMPHIS, Tenn. (AP) — FedEx says it will raise U.S. rates for express, ground and home-delivery shipments by an average of 4.9 percent in January.

The company said Tuesday that rates also will change for FedEx SmartPost, which uses the U.S. Postal Service for final delivery, although it didn't say how much.

The Memphis, Tennessee, company says the express increase will apply to deliveries in, to or from the U.S. FedEx Freight will also boost prices an average of 4.9 percent within North America.

Also starting Jan. 5: New pricing that gives more emphasis to dimensions for lightweight ground-shipping packages.

Shares of FedEx Corp. shares rose 62 cents to close at $154.66. In after-hours trading, they were up another 84 cents to $155.50.


Details of rates and surcharges: