FedEx raising shipping rates

December 4, 2009 The company is raising shipping rates for ground and home delivery by almost 5 percent next year.

The move comes after rival u-p-s said it will also raise shipping rates in the New Year.

Fed-Ex says rates for "smart post" will also change... but won't not go into details.

smart post is fed-ex's partnership with the u-s postal service. the new rates increases go into effect january 4th.

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