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FedEx Express shipping rates will increase by an average of 5.9% for U.S. domestic, export and import services, the company said in a statement.
It will also hike shipping rates for its Ground and Home Delivery units by the same amount.
FedEx Freight shipping rates will increase by an average of 5.9% to 6.9%, the company said, adding that these newer rates would apply to only shipments within the U.S.