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FedEx Announces Tranche of Rate Hikes

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

FedEx Corp. said Wednesday it will increase shipping rates for its FedEx Express, FedEx Ground and FedEx Freight subsidiaries on Jan. 3, after the parcel giant and USPS already raised fees for the holiday season. FedEx Express shipping rates will increase by an average of 5.9 percent for U.S. domestic, and U.S. export and import…

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