FedEx Freight has announced a general rate increase, which will take effect September 6.
According to company officials, FedEx Freight, the less-than-truckload subsidiary of FedEx Corp., will implement a 6.75 percent general rate increase next month. The rate increase applies to all FedEx Freight shipments within the contiguous U.S. and Canada, and within Canada. The rate for cross-border FedEx fright shipments between the U.S. and Mexico will also increase 6.75 percent for only the U.S. portion of the shipment, and also will be effective September 6.
The rate increase applies to shipments covered by the FedEx Freight 1000 and FedEx Freight 501 series base rates. Accessorial charges will still apply.
The FedEx Freight fuel surcharge will remain unchanged, company officials said. One of the lowest in the LTL industry, the FedEx Freight fuel surcharge is at least 22 percent lower than the next six largest LTL carriers published fuel surcharge rates.
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