WattsMack Posted December 9, 2008 Share Posted December 9, 2008 FedEx Freight and FedEx National LTL will implement 5.7 percent general rate increases effective Jan. 5, 2009. View the full article Quote Link to comment https://www.bigmacktrucks.com/topic/6808-trucking-news-fedex-freight-fedex-national-ltl-announce-rate-increase/ Share on other sites More sharing options...
mackcl96 Posted December 9, 2008 Share Posted December 9, 2008 FedEx [FDX 63.65 -10.78 (-14.48%) ] shares tumbled 15 percent, making it the biggest decliner on the S&P 500, after the package-delivery service slashed its fiscal 2009 outlook, saying, "significantly weaker macroeconomic conditions are expected to offset the benefits from lower fuel prices and the announced departure of DHL from the U.S. domestic package market." Shares of rival package-delivery service UPS [uPS 54.51 -4.11 I don't think increasing rates are a good idea Quote Thanks for hearing me out.You can have the soap box now---------JIM Link to comment https://www.bigmacktrucks.com/topic/6808-trucking-news-fedex-freight-fedex-national-ltl-announce-rate-increase/#findComment-26580 Share on other sites More sharing options...
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