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.
Good news for shipping freight out of Houston and other US cities.