FedEx raises fuel surcharge

5/8/2014 8:17:12 AM

FedEx Corp said it would raise its freight-delivery fuel surcharge for some deliveries and next year start charging for ground delivery based on package volume for all packages. The three-percentage-point fuel-surcharge increase, effective June 2, applies to shipments by its FedEx Freight segment within the contiguous US, within Canada, and between the continental US and Alaska, Hawaii, Puerto Rico, the Virgin Islands and Canada, the company said, reported Dow Jones Newswires. FedEx said its freight business updates fuel surcharges for the US and Canada every week based on published average diesel fuel prices. Cargonews Asia

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