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FedEx raising prices, more rate hikes are planned

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With rising inflation and higher cost of oil, it should be no surprise that FedEx is raising their rates by 5.9%. These rates are usually announced by FedEx and UPS annually, so it's nothing too out of the ordinary. The rates apply to less-than-load shipments, so pretty much anything you send through FedEx unless it's a very large freight shipment. Read more at ABC News.
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