FedEx Freight To Increase Its Published Fuel Surcharge Indices By 3%

(RTTNews) - FedEx Corp. (FDX) announced the pricing changes for FedEx Freight and FedEx Ground and said it will increase its published fuel surcharge indices by 3 percentage points, effective June 2, 2014. FedEx Ground will apply dimensional weight pricing to all shipments, effective January 1, 2015.

FedEx Freight updates its fuel surcharges for the U.S. and Canada every week based on published average diesel fuel prices. With the increase of 3 percentage points, FedEx Freight's fuel surcharge remains one of the lowest among the major less-than-truckload or LTL carriers in the U.S.

The company said these changes apply to all FedEx Freight shipments governed by the FXF 100 series rules tariff, including applicable FedEx Freight shipments within the contiguous U.S.; between the contiguous U.S. and Alaska, Hawaii, Puerto Rico, the U.S. Virgin Islands and Canada; and within Canada.

Also, effective January 1, 2015, FedEx Ground will apply dimensional weight pricing to all shipments. Currently, FedEx Ground applies dimensional weight pricing only to packages measuring three cubic feet or greater. This change will align the FedEx Ground dimensional weight pricing with FedEx Express by applying it to all packages, the company said.