FedEx Freight, a subsidiary of FedEx Corp. , has announced it will increase shipping rates by an average of 4.5 percent, effective July 1, 2013. This is slightly below the 5.9 percent increase recently announced by UPS.
FedEx's new rate applies to eligible FedEx Freightshipments within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands); between the contiguous U.S. and Canada; within Canada; between the contiguous U.S. and Mexico; and within Mexico.
This rate change for FedEx Freight applies to shipments covered by the FXF 1000, FXF 501 and other related series base rates. Additional changes will include absolute minimum charges and accessorial rates and charges. The company announced the FedEx Freight fuel surcharge will remain unchanged.
The new base rates, rules tariff and accessorial charges for FedEx Freight will be available at fedex.com on July 1, 2013. FedEx previously announced increases to shipping rates for FedEx Express and FedEx Ground, which were effective Jan. 7, 2013.