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Another FedEx rate hike for '09

hhmoore

hhmoore

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I was listening to the news on my way home from work this morning, and they said FedEx has announced a 7% increase for all express packages - effective Jan 09.
Yay :ack2:
 
Package delivery company FedEx Corp said on Friday that it planned to increase rates on its ground and home delivery services by an average of 5.9 percent in 2009.

The Memphis, Tennessee-based company said in September it would raise rates on its express service by an average 6.9 percent next year.

FedEx said the increases would be partially offset by adjustments to the formula it uses to set its fuel surcharge, a move the company said would reduce the surcharge by 2 percentage points.
 
That's now our annual News Year's present from FedEx, they've raised their prices every January for several years now.
Couple that with their share of the extra shipping they'll be picking up from DHL and they're profits will be up more than ever for next year.
 
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