FedEx Express to raise shipping rate 3.5%

FedEx Express to raise shipping rate 3.5%    FedEx Express said Wednesday it will increase its net average shipping rate by 3.5 percent at the start of next year.
   The Memphis-based company said the increase comprises a 5.5 percent average increase in standard list rates, offset by a 2-percentage-point reduction in its fuel surcharge. The new rates will be effective Jan. 2, and apply to U.S. domestic and export express package and freight shipments.