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FedEx Corp. said it will raise Ground and Home Delivery rates by an average of 4.9% in 2010 and also reported that its fiscal second-quarter earnings will be higher than Wall Street expectations, mostly because of volume growth.
U.S. Customs and Border Protection’s 10+2 interim final ruling became effective on January 26, 2009. The regulation requires importers and ocean carriers to electronically submit additional data to CBP on vessels destined to the United States.