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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 This material may not be published, broadcast, rewritten or redistributed.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 105 291 7,063
MORTGAGES 98 358 9,638
FORECLOSURE NOTICES 18 61 2,051
BUILDING PERMITS 227 690 16,428
BANKRUPTCIES 60 260 6,319
BUSINESS LICENSES 20 88 2,686
UTILITY CONNECTIONS 123 380 8,848
MARRIAGE LICENSES 22 135 2,132

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