FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedExCorp. (NYSE: FDX), will increase shipping rates effective January 4, 2016 asfollows:
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 Ground and FedEx Home Delivery will increase shipping rates by an average of 4.9%. FedEx SmartPost rates will also change.
FedEx Freight will increase shipping rates by an average of 4.9%. This rate change applies to eligible FedEx Freight shipments within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands), between the contiguous U.S. and Canada, within Canada, between the contiguous U.S. and Mexico, and within Mexico.
Average increases can be misleading. Actual 2016 rate increases for most Express products exceed 4.9%.
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