FedEx ups ground, home delivery rates by avg of 3.9%

FedEx Corp. after Friday’s closing bell said it’s increasing the standard rates for FedEx Ground and FedEx Home Delivery by an average of 3.9% starting Jan. 2. This increase is in addition to other changes to FedEx Express, FedEx Ground and FedEx Home surcharges, which will also become effective Jan. 2. Some of the other changes include FedEx Express and FedEx Ground charging an additional 5 cents a package for delivering to commercial locations in certain zip codes, and an additional 10 cents a package for delivering to residential locations.