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Shipping News FedEx Announces Rate Changes for 2003
November 20, 2002
FedEx Corporation announced rate changes for FedEx® Express and FedEx® Ground effective January 6, 2003. FedEx Express will increase list rates an average of 3.5 percent for shipments within the U.S. and for U.S. export shipments. The FedEx Express price changes also include an increase in the delivery area surcharge to $1.75 from $1.50, and an increase in the Saturday pickup and delivery surcharges to $12.50 from $10. FedEx Ground will increase rates an average of 3.9 percent. The 2003 FedEx Express list rates will be available to customers beginning December 7 and FedEx Ground list rates will be available beginning December 14 at www.fedex.com. With annual revenues of $21 billion, FedEx Corp. is the premier global provider of transportation, e-commerce and supply-chain management services. The company offers integrated business solutions through a network of subsidiaries operating independently, including FedEx Express, the world's largest express transportation company and FedEx Ground, North America's second-largest provider of small package ground delivery service. |
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