FedEx sets new LTL rates
FedEx Freight and FedEx National LTL, the less-than-truckload subsidiaries of Memphis, Tenn.-based FedEx Corp., announced Friday a 5.59 percent general rate increase, effective April 2.
Rates for other operating companies within the $3.6 billion-per-year firm, specifically FedEx Express and FedEx Ground, are not affected.
FedEx Freight is one of the nation's leading providers of regional and inter-regional LTL freight services. FedEx National LTL is the firm's provider of long-haul LTL freight services.
The new increase will apply to interstate and intrastate traffic, and selected shipments between the United States and Mexico and Canada. According to FedEx, various additional adjustments will include minimum and accessorial charges, as well as additional adjustments in select lanes and service areas. After April 2, the new base rate and rules tariffs for FedEx Freight and FedEx National LTL will be available on the company's Web site.
