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FedEx Freight To Implement General Rate Increases

LBR Staff Writer Published 14 January 2010

FedEx has said that its subsidiaries, FedEx Freight and FedEx National LTL, will implement 5.9% general rate increases (GRI), effective February 1, 2010.

According to the company, the rate changes for other operating companies within FedEx, specifically FedEx Express and FedEx Ground, were previously announced.

FedEx said that these rate increases apply to interstate, intrastate LTL shipments and also shipments between the US and Canada, covered by the FXF 1000 and FXNL 501 Base Rates. Various additional changes will include minimum and accessorial charges and some adjustments to fuel surcharges.

The new base rates, rules tariff and fuel surcharge information for the LTL companies will be available at the parent firm's portal from February 1, 2010.

The FedEx Freight Segment includes FedEx Freight, a provider of fast-transit LTL freight services; FedEx National LTL, a provider of economical LTL services; FedEx Freight Canada, an LTL operating company serving points in Canada, and FedEx Custom Critical, a North America's time-specific, critical shipment carrier.

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