FedEx Freight limits fuel surcharge in storm’s wake

Despite the surge in fuel prices sparked by Hurricane Katrina, FedEx Freight said it will limit its standard fuel surcharge for the next 30 days to no higher than the most current pre-hurricane levels.

“In our industry, the fuel surcharge is designed to manage normal supply and demand market forces of fuel, not temporary spikes caused by disasters,” said FedEx Freight President and CEO Douglas Duncan.