FedEx Freight Sets Rate Increase of 5.5% - Smart Money
FedEx Corp. (FDX) said its freight segment will implement a 5.5% general rate increase, effective Jan. 14, and its long-haul less-than-truckload business will implement a similar increase for its general rates.
The rate increases for the Memphis, Tenn., transportation company's FedEx Freight and FedEx National LTL businesses will apply to interstate and intrastate traffic, and certain shipments between the U.S. and Mexico and Canada.
FedEx Corp. (FDX) said its freight segment will implement a 5.5% general rate increase, effective Jan. 14, and its long-haul less-than-truckload business will implement a similar increase for its general rates.
The rate increases for the Memphis, Tenn., transportation company's FedEx Freight and FedEx National LTL businesses will apply to interstate and intrastate traffic, and certain shipments between the U.S. and Mexico and Canada.
