FedEx Express to Increase Net Average Shipping Rate 3.5 Percent in 2006

[mandy]

FedEx Express to Increase Net Average Shipping Rate 3.5 Percent in 2006; Launches New Retail Counter Rates for Non-Account Shippers

MEMPHIS, Tenn.--(BUSINESS WIRE)--Oct. 5, 2005--FedEx Corp. (NYSE:FDX) today announced that it will increase the net average shipping costs for FedEx Express by 3.5 percent, which comprises a 5.5 percent average increase in standard list rates, offset by a 2.0 percentage point reduction in its fuel surcharge. The new rates will be effective Jan. 2, 2006, and apply to U.S. domestic and U.S. export express package and freight shipments.

FedEx also announced that on Nov. 7, 2005, it will roll out new retail counter rates for FedEx Express and FedEx Ground services at drop-off counters in staffed FedEx locations across the U.S...

... Other rate changes effective Jan. 2, 2006:

-- Delivery area surcharges assessed for FedEx Express shipments destined for locations in select ZIP codes will increase by up to 10 cents per package. The new delivery area surcharge for residential locations will be $2.10 per package. The new surcharge for commercial locations will be $1.30 per package.

-- The surcharge for residential delivery will increase from $2 to $2.10 per package for FedEx Express shipments. ..

full press release:  http://biz.yahoo.com/bw/051005/55195.html?.v=1