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VOL. 128 | NO. 112 | Monday, June 10, 2013

FedEx Freight Raising Rates 4.5 Percent

AP

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MEMPHIS (AP) FedEx Corp. said its freight unit will raise rates by 4.5 percent beginning July 1.

The move follows Jan. 7 rate increases in its FedEx Express air shipment business and FedEx Ground package shipping business.

FedEx said Monday that its freight fuel surcharges are not changing, and remain among the lowest in the industry.

FedEx shares fell 63 cents to $99.15 in morning trading Monday. They are still near the high end of their 52-week range of $83.92 to $109.66.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 114 332 10,554
MORTGAGES 119 412 13,739
FORECLOSURE NOTICES 12 80 2,724
BUILDING PERMITS 522 915 25,222
BANKRUPTCIES 80 264 10,156
BUSINESS LICENSES 16 78 3,814
UTILITY CONNECTIONS 92 430 14,987
MARRIAGE LICENSES 15 83 3,250

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