FedEx Trucking Unit to Raise Rates 5.9%
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From Bloomberg News
FedEx Corp.’s regional trucking unit said it will raise rates 5.9% starting June 30 because of higher costs for health care, insurance and government regulations.
The FedEx Freight unit’s move affects shipments between and within the states, as well as international cargo.
The company’s shares fell 64 cents to $64.50 on the NYSE.
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