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FedEx Freight cuts fuel surcharge


Published : Mon, 23 Jul 2007 13:44
By : Agencies
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MEMPHIS, Tenn. (AP) - FedEx Corp.'s FedEx Freight and FedEx National LTL said Monday they will reduce their fuel surcharge by 25 percent, effective immediately.

Rates at FedEx Express and FedEx Ground are not impacted by change, FedEx said.

FedEx National is a long-haul, less-than-truckload service of the shipping corporation's freight unit.

Less-than-truckload, or LTL, carriers, usually fill their trucks with freight from a variety of sources and might re-sort and redistribute it at a company terminal along their route.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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