(AFX UK Focus) 2008-11-14 20:18 UPDATE 1-FedEx announces additional rate hikes (Interactive Investor)

CHICAGO, Nov 14 (Reuters) – Package delivery company FedEx Corp said on Friday that it planned to increase rates on its ground and home delivery services by an average of 5.9 percent in 2009. The Memphis, Tennessee-based company said in September it would raise rates on its express service by an average 6.9 percent next year. FedEx said the increases would be partially offset by adjustments to …

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