FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx, announced it has made significant improvements for its shipments moving in and out of Canada by reducing transit times in more than 500 lanes connecting Toronto and Montreal to dozens of cities and regions in the United States.
FedEx Freight added that these efforts will enable cross-border LTL shippers to achieve various improvements in their supply chains. Read the complete details in this article by Jeff Berman of Logistics Management.
FedEx also recently announced it will up its rates for FedEx Ground and FedEx Home Delivery, which will take effect on January 3, 2011.
FedEx raised rates for FedEx Freight by 6.9 percent (effective November 1, 2010), and FedEx Express for U.S. domestic and U.S. export services by an average of 3.9 percent, and will be implementing a change to the dimensional weight volumetric divisor from 194 to 166 for U.S. domestic services. Read Logistics Management’s article on how these changes will affect shippers.