Tag: USA

FedEx increases overnight prices

Posted by | Oct 27, 2007 | |

The price of sending a FedEx package overnight will take its biggest leap since 2001 when new prices go into effect in early January.

The customers who will notice it most are small businesses and walk-up customers at FedEx Kinko’s who don’t get contract discounts.

FedEx announced a 4.9 percent increase Friday on packages shipping overnight within the United States and to foreign countries.

“These rate increases will allow FedEx to continue making the necessary investments in our business so we can continue to give our customers a superior shipping service,” said FedEx executive Mike Glenn.

Increases and fuel surcharges for FedEx Ground will be announced later.

The company also said customers exporting goods to the United States will pay U.S. dollar rates, removing the uncertainties caused by currency fluctuations.

The hike was higher than analysts expected. Morgan Stanley said it signals that customers are still willing to pay a premium for overnight delivery despite a tide of rising economic concerns.

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FedEx Express to increase net average shipping rates 4.9 percent in 2008

Posted by | Oct 26, 2007 | |

FedEx Corp. will increase the net average shipping rate for FedEx Express by 4.9 percent, which is composed of a 6.9 percent increase in standard list rates, offset by a 2.0 percent reduction in the fuel surcharge. The new rates will be effective Jan. 7, 2008 and apply to U.S. and U.S. export express package and freight shipments.

Rates and surcharges for FedEx Ground also will increase for 2008. These changes will be announced later this year.

New in 2008, FedEx Express customers importing goods to the U.S. will pay U.S. dollar rates. This provides a consolidated set of U.S. import rates to U.S. customers allowing them to avoid uncertainties caused by currency fluctuations. Increases in rates for shipments inbound to the U.S. from certain international locations will also be effective Jan. 7, 2008.

“FedEx continues to provide market leading express services,” said T. Michael Glenn, FedEx executive vice president, Market Development and Corporate Communications. “These rate adjustments will allow FedEx to continue making the necessary investments in our business so we can continue to give our customers a superior shipping experience.”

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USPS says California mail delivery returns to normal

Posted by | Oct 26, 2007 | |

San Diego District Manager John E. Platt said today that virtually all residents and businesses in San Diego County can receive mail delivery last Friday 26th October, either from their letter carrier, in their Post Office Box or at temporary Post Offices established for evacuated communities.

Express Mail, Priority Mail and First-Class Mail started to be delivered as usual. Customers are requested to pick up their mail daily, including from their Post Office Boxes, as volumes will be heavy for a few days.

“Thanks to the tremendous efforts of our management staff, our employees and with the support of our labor organizations, we are pleased that mail delivery and Postal Service operations in virtually all locations have returned to normal today, just four delivery days after feeling the impact of Southern California’s most devastating wildfires,” said Platt.

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