FedEx (FDX) Freight Announces Shipping Rate Increases
Tweet
Share
E-mailGet Alerts FDX Hot Sheet
Join SI Premium – FREE
FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), will increase shipping rates by an average of 4.5%, effective July 1, 2013. This rate change applies to eligible FedEx Freight shipments within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands), between the contiguous U.S. and Canada, within Canada, between the contiguous U.S. and Mexico, and within Mexico.
This rate change for FedEx Freight applies to shipments covered by the FXF 1000, FXF 501 and other related series base rates. Additional changes will include absolute minimum charges and accessorial rates and charges. The FedEx Freight fuel surcharge will remain unchanged and is one of the lowest in the LTL industry. The published fuel surcharge rates of the next six largest LTL carriers are at least 29 percent higher than FedEx Freight fuel surcharge rates, based on the average national price of diesel fuel as of May 27, 2013.
The new base rates, rules tariff and accessorial charges for FedEx Freight will be available at fedex.com on July 1, 2013. FedEx previously announced increases to shipping rates for FedEx Express and FedEx Ground, which were effective Jan. 7, 2013.
This rate change for FedEx Freight applies to shipments covered by the FXF 1000, FXF 501 and other related series base rates. Additional changes will include absolute minimum charges and accessorial rates and charges. The FedEx Freight fuel surcharge will remain unchanged and is one of the lowest in the LTL industry. The published fuel surcharge rates of the next six largest LTL carriers are at least 29 percent higher than FedEx Freight fuel surcharge rates, based on the average national price of diesel fuel as of May 27, 2013.
The new base rates, rules tariff and accessorial charges for FedEx Freight will be available at fedex.com on July 1, 2013. FedEx previously announced increases to shipping rates for FedEx Express and FedEx Ground, which were effective Jan. 7, 2013.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Shopify board member resigns to join U.S. Department of Commerce
- Energy Transfer and affiliates redomicile from Delaware to Texas
- Live Oak Bancshares names new principal accounting officer
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
