News details

FedEx to hike LTL rates

FedEx Freight and FedEx National LTL, the less-than- truckload (LTL) subsidiaries of FedEx Corp.have announced that they will implement a 5.59 percent general rate increase (GRI) effective April 2, 2007. Rates for other operating companies within FedEx Corp., specifically FedEx Express and FedEx Ground, are not affected.

"Whether operating fast cycle logistics or planned distribution, shippers have told us they require a high degree of certainty, shipment integrity and actionable information. In order to meet these customer needs, FedEx Freight and FedEx National LTL are continuing to invest in our people, equipment, facilities and technology," said Dennie Carey, senior vice president, marketing, FedEx Freight.

Since acquiring the business assets of Watkins Motor Lines in September, FedEx National LTL has re-engineered its operations to focus on the long-haul market, similar to FedEx Freight's operations in the regional market.

The increase will apply to interstate and intrastate traffic, and selected shipments between the United States and Mexico and Canada. Various additional adjustments will include minimum and accessorial charges, as well as additional adjustments in select lanes and service areas.

Bookmark and Share

Discuss this news item at the Ti Forum on Linkedin

Follow Transport Intelligence on Twitter

Source: FedEx


Click here to purchase the complete Transport Intelligence Logistics Briefing archive, providing access to around 1,500 briefs and over 4,000 news items.



Related Products

European Road Freight Transport 2014

Global Automotive Logistics 2014

Global Freight Forwarding 2014

Global Contract Logistics 2014

Global Transport and Logistics Financial Analysis 2014

Global Express and Small Parcels 2014

Global Healthcare Logistics 2014

Global Chemical Logistics 2013

European Road Freight Transport 2013

Global Emerging Markets Logistics 2013

Oil and Gas Exploration and Production Logistics 2013

Global Freight Forwarding 2013

Global Contract Logistics 2013

Asia Pacific Transport & Logistics 2013

North America Logistics Monitor - Quarterly

Follow Us on Twitter