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FedEx Ground rates to rise 4.9%

FedEx Ground rates to rise 4.9%

   FedEx Corp. said it is raising shipping rates 4.9 percent on average for FedEx Ground and FedEx Home Delivery, effective Jan. 3. The increase is in line with that of previous years.

   The full average rate is being increased 5.9 percent, but that is offset by a 1 percent decrease in the fuel surcharge.

   FedEx previously said it will increase package delivery rates for FedEx Express on Jan. 3 and that Express and Ground will implement a change to the way they calculate dimensional weight for pricing purposes.