FedEx Freight Raises Rates

MEMPHIS, TN — FedEx Freight will increase shipping rates by about 3.9 percent, effective March 31.

The rate change is for FedEx shipments within Canada, Mexico and the US, including Alaska, Hawaii, Puerto Rico and the US Virgin Islands.

Additional changes will include absolute minimum charges and accessorial rates and charges.

FedEx previously announced increases to shipping rates for FedEx Express and FedEx Ground, effective Jan. 6.The increase is smaller than last year’s, when FedEx increased freight rates by 4.5 percent, effective July.

The freight segment contributes about 12 percent to FedEx’s overall revenue.

The FedEx Freight Segment includes FedEx Freight, a provider of less-than-truckload freight services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, a time-specific, critical shipment carrier.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.