FedEx Freight Announces General Rate Increase of 5.9%

FedEx Freight and FedEx National LTL, subsidiaries of FedEx Corp., will implement 5.9% general rate increases (GRI) effective February 1, 2010.

These rate increases apply to interstate and intrastate LTL shipments, as well as shipments between the U.S. 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 fedex.com/us/freight/main on Feb. 1, 2010.

With corporate offices in Memphis, Tenn., the FedEx Freight Segment includes FedEx Freight, a U.S. provider of fast-transit LTL freight services; FedEx National LTL, a U.S. provider of economical LTL services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, a time-specific, critical shipment carrier.