January 15, 2010

FedEx raises LTL rates

FedEx announces 2010 general rate increases, joining rivals in rate hike.

By Mark B. Solomon

FedEx Corp. said today that its two less-than-truckload (LTL) units, regional trucker FedEx Freight and FedEx National LTL, will increase their tariff rates by 5.9 percent effective Feb. 1. FedEx joins a slew of LTL carriers that have imposed so-called general rate increases for 2010 in roughly the same range as the FedEx increases.

The increases apply to freight that is tendered on a retail basis and is not part of a contractual relationship or another type of transportation agreement. It has been estimated that at least one-fourth of all freight is tendered on a non-contractual basis.

More articles by Mark B. Solomon

Join the Discussion

After you comment, click Post. If you're not already logged in, you will be asked to log in or register.

Comments powered by Disqus

Resources Mentioned In This Article


Subscribe to DC Velocity


Feedback: What did you think of this article? We'd like to hear from you. DC VELOCITY is committed to accuracy and clarity in the delivery of important and useful logistics and supply chain news and information. If you find anything in DC VELOCITY you feel is inaccurate or warrants further explanation, please ?Subject=Feedback - : FedEx raises LTL rates">contact Editorial Director Peter Bradley. All comments are eligible for publication in the letters section of DC VELOCITY magazine. Please include you name and the name of the company or organization your work for.





All Videos »
Video



Go Figure