Fuel Surcharge Limit Extension
On Sept. 6, 2005, FedEx Freight implemented a 30-day moratorium on increases to its standard fuel surcharge, determining it would not exceed pre-Katrina levels. As a result of Hurricane Rita, FedEx Freight has extended the moratorium on increases to its standard fuel surcharge until Oct. 31, 2005. FedEx Freight utilizes a fuel surcharge, which is updated weekly, based on fuel prices published by the U.S. Department of Energy. For more information, please visit the Fuel Surcharge page on the FedEx Freight site.
About FedEx Freight
Within FedEx Corp., the FedEx Freight Segment had annual revenues of $3.2 billion in fiscal year 2005. The Segment includes FedEx Freight, a leading
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 $29 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 250,000 employees and contractors 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 fedex.com.