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FedEx Hikes Shipping Prices

Stock quotes in this article: FDX , UPS  

Shares of FedEx (FDX Quote) climbed 2% Friday after the shipping giant instituted another price hike.

The Memphis, Tenn.-based company said it's bumping up 2008 standard list rates for its ground and home-delivery shipping services by an average of 4.9%.

Last month, FedEx raised the price on its express services by that same amount. ...

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