FedEx Freight Hikes Rates Nearly 7 Percent

FedEx Freight and FedEx National LTL will implement 6.9% general rate increases effective Nov. 1, 2010. These rate increases apply to interstate and intrastate less-than-truckload (LTL) shipments, as well as shipments between the U.S. and Canada covered by the FXF 1000 and FXNL 501 Base Rates.

FedEx Freight's and FedEx National's fuel surcharge will remain unchanged. The new base rates, rules tariff and fuel surcharge information for the LTL companies will be available at fedex.com/us/freight/main on Nov. 1, 2010.

FedEx Corp. also plans to increase shipping rates for FedEx Express by a net average of 3.9% for U.S. domestic and U.S. export services effective January 3, 2011.

The full average rate increase of 5.9% will be partially offset by adjusting the fuel price threshold at which the fuel surcharge begins, reducing the fuel surcharge by two percentage points.

In addition, FedEx Express and FedEx Ground will implement a change to the dimensional weight volumetric divisor from 194 to 166 for U.S. domestic services. Details of dimensional weight charges and additional changes that will be made to other FedEx Express surcharges can be found at www.fedex.com/us/2011rates.

The FedEx Ground and FedEx SmartPost pricing changes for calendar 2011 will be announced later this year.

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