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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 This material may not be published, broadcast, rewritten or redistributed.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 88 397 5,985
MORTGAGES 97 492 7,484
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 134 813 13,723
BANKRUPTCIES 50 287 5,142
BUSINESS LICENSES 22 122 2,274
UTILITY CONNECTIONS 86 398 7,266
MARRIAGE LICENSES 16 109 1,532

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