03/28/2008 02:45 am ET | Updated May 25, 2011

FedEx Rate Hike: Express Rates To Increase 4.9 Percent In 2008

Package delivery company FedEx Corp said on Friday that net average rates at its express delivery unit would rise 4.9 percent in 2008.

Rates at FedEx Express will rise by 6.9 percent, but will be partially offset by a 2 percentage point reduction in the fuel surcharge FedEx charges customers

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