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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 This material may not be published, broadcast, rewritten or redistributed.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 84 369 6,105
MORTGAGES 107 461 7,302
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 196 1,019 13,309
BANKRUPTCIES 46 243 4,574
BUSINESS LICENSES 32 131 2,340
UTILITY CONNECTIONS 53 352 4,896
MARRIAGE LICENSES 26 110 1,460

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