FedEx Express announced that it will increase domestic rates by nearly 5% beginning Feb. 1.
FedEx Express last adjusted rates in 1999.
"The value that FedEx provides in streamlining customers' supply chains, with speed and information replacing working capital and inventory, is increasingly important in today's economic environments," said T. Michael Glenn, FedEx spokesman. "This rate adjustment ensures that FedEx Express will continue to provide the outstanding service and value, backed by the user-friendly technology, that customers expect from FedEx."
FedEx Express last adjusted rates in 1999.
"The value that FedEx provides in streamlining customers' supply chains, with speed and information replacing working capital and inventory, is increasingly important in today's economic environments," said T. Michael Glenn, FedEx spokesman. "This rate adjustment ensures that FedEx Express will continue to provide the outstanding service and value, backed by the user-friendly technology, that customers expect from FedEx."
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