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FedEx Freight raises rates on non-contract shipments

Trucker is fifth LTL carrier to announce price increase in recent weeks.

Mark Solomon
By Mark SolomonAug 08, 2011
Mark Solomon
Mark Solomon joined DC VELOCITY as senior editor in August 2008, and was promoted to his current position on January 1, 2015. He has spent more than 30 years in the transportation, logistics and supply chain management fields as a journalist and public relations professional. From 1989 to 1994, he worked in Washington as a reporter for the Journal of Commerce, covering the aviation and trucking industries, the Department of Transportation, Congress and the U.S. Supreme Court. Prior to that, he worked for Traffic World for seven years in a similar role. From 1994 to 2008, Mr. Solomon ran Media-Based Solutions, a public relations firm based in Atlanta. He graduated in 1978 with a B.A. in journalism from The American University in Washington, D.C.
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FedEx Freight, the less-than-truckload (LTL) unit of FedEx Corp., said today it will impose a 6.75-percent rate increase on non-contractual traffic moving within the United States and within Canada, on shipments moving across the U.S.-Canadian border, and on U.S.-originating freight bound for Mexico.

The increase, which takes effect Sept. 6, makes FedEx Freight the fifth and the largest LTL carrier to impose a so-called general rate increase in recent weeks. The other four—UPS Freight, YRC Worldwide Inc., ABF Freight System Inc., and Con-way Freight—all took 6.9-percent increases effective at the beginning of August.

FedEx Freight, which has overtaken YRC as the nation's largest LTL carrier by sales, said its fuel surcharge will remain unchanged, though minimum charges and prices on other services will rise.

ArticleTruckingTransportation
con-way freightups freightfedex freightyrc worldwideabf freight system inc.
ArticleTruckingTransportation
con-way freightups freightfedex freightyrc worldwideabf freight system inc.

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