FedEx announces rate increase

Express shipping company FedEx Corp. said today it would raise its shipping rates in the United States an average of 3.5%, effective January 7. The Memphis-based company said the increase includes a $1.35 per package residential delivery charge, and an increase in a courier pickup charge to $4.00, from $3.00. FedEx ground service rates will increase 3.5%.

Express shipping company FedEx Corp. said today it would raise its shipping rates in the United States an average of 3.5%, effective January 7.

The Memphis-based company said the increase includes a $1.35 per package residential delivery charge, and an increase in a courier pickup charge to $4.00, from $3.00.

FedEx ground service rates will increase 3.5%.

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