Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  FedEx Corporation    FDX

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

FedEx Corporation : FedEx Freight to Increase Shipping Rates

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/08/2012 | 02:35pm CET

FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), will increase shipping rates by 6.9% effective July 9, 2012. This rate change applies to FedEx Freight shipments within the contiguous U.S., between the contiguous U.S. and Canada, and within Canada. The rate for cross-border FedEx Freight shipments between the U.S. and Mexico will also increase 6.9% for only the U.S. portion of the shipment, and will be effective July 9, 2012.

This rate change for FedEx Freight applies to shipments covered by the FXF 1000, FXF 501 and other related series base rates. Additional changes will include absolute minimum charges and accessorial rates and charges. The FedEx Freight fuel surcharge will remain unchanged and is one of the lowest in the LTL industry. The published fuel surcharge rates of the next six largest LTL carriers are at least 23 percent higher than FedEx Freight fuel surcharge rates, based on the average national price of diesel fuel as of June 4, 2012.

The new base rates, rules tariff and fuel surcharge information for FedEx Freight will be available at fedex.com on July 9, 2012.

FedEx previously announced increases to shipping rates for FedEx Express and FedEx Ground, which were effective Jan. 2, 2012.

About FedEx Freight

With corporate offices in Memphis, Tenn., the FedEx Freight Segment includes FedEx Freight, a leading U.S. provider of LTL freight services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, North America's largest time-specific, critical shipment carrier. FedEx Freight also serves Mexico and Puerto Rico. For more information, visit fedex.com.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $42 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.

FedEx Freight
Debra Phillips, 901-434-3122
debra.phillips@fedex.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FEDEX CORPORATION
03/23 FEDEX : cedarburg-grafton police report - CEDARBURG
03/22 Slide in U.S. infrastructure stocks sign of 'Trump trade' weakness
03/22 FEDEX : Management's Discussion and Analysis of Results of Operations and Financ..
03/22 Sears, Nike and US Bancorp stumble while FedEx, Duluth rise
03/22DJFEDEX : Correction to FedEx Earnings Story
03/22 FEDEX : FDX) Gains Despite Q3 Earnings
03/22 FEDEX : Express to launch Liege-Memphis flight; Important milestone in the integ..
03/22 FEDEX : Reports Third Quarter Earnings
03/22 FEDEX : Rising fuel prices and expansion for ecommerce dent FedEx profit
03/22 FEDEX : profits up
More news
Sector news : Air Freight & Logistics - NEC
02:01aDJUNITED PARCEL SERVICE : Judge Rules UPS Improperly Shipped Untaxed Cigarettes In..
03/22 FedEx misses on earnings, but sees higher margins ahead
03/16DJToday's Top Supply Chain and Logistics News From WSJ
03/16DJAMAZON COM : to Deliver Air-Cargo Flights -- WSJ
03/15DJAMAZON COM : Plans Air Cargo Service for Chinese Customers
More sector news : Air Freight & Logistics - NEC
News from SeekingAlpha
03/24 United Parcel Service Makes A Good Dividend Pick
03/24 FEDEX : Questionable
03/23 FedEx still a favorite on Wall Street
03/23 FedEx - A Lesson In Long-Term Vs. Short-Term Thinking
03/22 FedEx now up nearly 3% post-earnings
Advertisement
Financials ($)
Sales 2017 60 105 M
EBIT 2017 5 390 M
Net income 2017 3 026 M
Debt 2017 10 540 M
Yield 2017 0,89%
P/E ratio 2017 17,04
P/E ratio 2018 14,14
EV / Sales 2017 1,01x
EV / Sales 2018 0,96x
Capitalization 50 299 M
More Financials
Chart FEDEX CORPORATION
Duration : Period :
FedEx Corporation Technical Analysis Chart | FDX | US31428X1063 | 4-Traders
Full-screen chart
Technical analysis trends FEDEX CORPORATION
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 215 $
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Frederick Wallace Smith Chairman & Chief Executive Officer
David J. Bronczek President & Chief Operating Officer
Alan B. Graf Chief Financial Officer & Executive Vice President
Rob B. Carter Chief Information Officer
James L. Barksdale Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FEDEX CORPORATION1.03%50 299
UNITED PARCEL SERVICE,..-8.37%91 320
DEUTSCHE POST AG0.66%42 116
EXPEDITORS INTERNATION..5.40%10 086
YAMATO HOLDINGS CO., L..2.48%8 990
ROYAL MAIL PLC-9.09%5 237
More Results