FedEx Freight, FedEx National LTL Announce Rate Increase
FedEx Freight and FedEx National LTL will implement 5.7 percent general rate increases effective Jan. 5, 2009.
FedEx Freight and FedEx National LTL will implement 5.7 percent general rate increases effective Jan. 5, 2009.
Both less-than-truckload (LTL) companies are part of the FedEx Freight Corp. operating segment of FedEx Corp. Delivering approximately 80 percent 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.
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.
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