FedEx Freight hikes rates 5.9%
MEMPHIS, Tenn. May 25, 2004) — FedEx Freight will implement a 5.9-per-cent general rate increase on June 14 for interstate and intrastate traffic, and selected shipments between the United States and Mexico and Canada. The regional less-than-truckload company will also adjust minimum and accessorial charges as well as some select lanes and service areas.
The company cited higher costs to operate EPA-compliant engines, rising health care costs, insurance premiums and liability requirements, as well as greater costs for security, as factors.
Rate quotes are available online at www.fedexfreight.fedex.com. After June 14, the new FedEx Freight base rate and rules tariffs will be available on the company’s web site.
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