FedEx Freight and FedEx National LTL will implement 5.7 percent general rate increases effective Jan. 5. Both less-than-truckload companies are part of the FedEx Freight Corp. operating segment of FedEx Corp. Rates for other operating companies within FedEx Corp., specifically FedEx Express and FedEx Ground, are not affected.
Delivering about 80 percent of its shipments next-day and second-day, FedEx Freight provides regional LTL service designed for companies operating fast-cycle logistics. FedEx National LTL provides long-haul service, supporting businesses with planned distribution.
“At both FedEx LTL companies, we are committed to supporting our customers’ supply chains by investing in key elements of infrastructure — safe and reliable EPA-compliant equipment, new or expanded facilities in strategic locations, technology enhancements to provide customers with greater shipment visibility, and most importantly our people,” says Dennie Carey, senior vice president of marketing for FedEx Freight. “We have a fully engaged work force in the industry to better serve our customers.”