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| FedEx LTL Companies Announce General Rate Increases | |||
| 15 Jan 2010
: FedEx Freight and FedEx National LTL, subsidiaries of FedEx Corp. (NYSE: FDX), will implement 5.9% general rate increases (GRI) effective February 1, 2010. Rate changes for other operating companies within FedEx Corp., specifically FedEx Express and FedEx Ground, were previously announced. These rate increases apply to interstate and intrastate LTL shipments, as well as shipments between the U.S. and Canada covered by the FXF 1000 and FXNL 501 Base Rates. Various additional changes will include minimum and accessorial charges and some adjustments to fuel surcharges. The new base rates, rules tariff and fuel surcharge information for the LTL companies will be available at fedex.com/us/freight/main on Feb. 1, 2010. About FedEx Freight With corporate offices in Memphis, Tenn., the FedEx Freight Segment includes FedEx Freight, a leading U.S. provider of fast-transit LTL freight services; FedEx National LTL, a leading U.S. provider of economical LTL services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, North America's largest time-specific, critical shipment carrier. For more information, visit the FedEx web site, fedex.com. About FedEx Corp FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $33 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 275,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com. |
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