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FedEx to Raise U.S., Canada Freight Rates 6.8%

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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:03 AM
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FedEx to Raise U.S., Canada Freight Rates 6.8%
Source: Wall Street Journal

AUGUST 8, 2011, 9:56 A.M. ET

FedEx Corp.'s FedEx Freight unit will implement a 6.8% general rate increase, effective Sept. 6, although the fuel surcharge will remain unchanged.

The rate increase applies to FedEx Freight shipments in the contiguous U.S. and Canada, and the U.S. portion of shipments between the U.S. and Mexico.

The company had raised its ground and home-delivery services by an average of 4.9% on Jan. 3.

Starting this month, rival United Parcel Service Inc.'s freight division is raising average noncontractual shipping rates in North America by 6.9%, as the industry copes with rapidly rising fuel costs.


Read more: http://online.wsj.com/article/SB10001424053111904007304576496050578573260.html?mod=googlenews_wsj
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CanonRay Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:17 AM
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1. Good thing there's no inflation n/t
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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:26 AM
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2. but oil is down
??
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blueclown Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:27 AM
Response to Original message
3. There's that free-market for you.
Working excellently. :sarcasm:
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demosincebirth Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:53 PM
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4. Don't care. I never use Fedex
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