FedEx anounce 5.7% general rate increase
Customers will benefit from enhanced technology that provides greater shipment tracking information while freight is in transit.
FedEx Freight and FedEx National LTL will implement 5.7% general rate increases (GRI) effective January 5, 2009.
Rates for other operating companies within FedEx Corp., specifically FedEx Express and FedEx Ground, are not affected.
Delivering approximately 80% of its shipments next-day and second-day, FedEx Freight provides regional LTL service designed for companies operating fast-cycle logistics. FedEx National LTL provides long-haul service, supporting businesses with planned distribution.
Now fully re-branded, FedEx National LTL is operating in expanded facilities in San Bernardino, Calif., Phoenix, Ariz., Decatur, Ala., and Rock Island, Ill. The company is also transitioning from non-decking trailers to units with decking, which reduces the potential for damage to freight.
Customers of both FedEx Freight and FedEx National LTL will benefit from enhanced technology that provides greater shipment tracking information while freight is in transit.
The GRI will apply to interstate and intrastate traffic, as well as certain shipments between the U.S. and Canada and Mexico. Various additional adjustments will include minimum and accessorial charges, as well as adjustments in select lanes and service areas.
