FedEx Freight to Boost Rates 3.9%
FedEx Corp. said its subsidiary less-than-truckload unit FedEx Freight will increase its rates by an average of 3.9%.
The new rates will take effect March 31 and apply to all shipments in the United States, Canada and Mexico, FedEx said March 3.
FedEx previously announced a 3.9% rate increase for its Express and Ground parcel units, which took effect in January. Freight increased rates by 4.5% last year.
FedEx Corp. based in Memphis, Tenn., ranks No. 2 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers.
