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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 This material may not be published, broadcast, rewritten or redistributed.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 87 398 7,672
MORTGAGES 125 520 9,664
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 174 909 17,136
BANKRUPTCIES 46 280 6,265
BUSINESS LICENSES 23 150 2,838
UTILITY CONNECTIONS 75 461 9,124
MARRIAGE LICENSES 32 154 2,103

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