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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 This material may not be published, broadcast, rewritten or redistributed.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 87 400 9,366
MORTGAGES 95 486 11,746
FORECLOSURE NOTICES 0 0 2,278
BUILDING PERMITS 128 873 20,678
BANKRUPTCIES 46 286 7,336
BUSINESS LICENSES 20 123 3,312
UTILITY CONNECTIONS 72 525 11,279
MARRIAGE LICENSES 18 112 2,603

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