FedEx Freight increases rates

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Memphis, Tenn.--Following on the heels of the United States Postal Service's June 30 rate hikes, FedEx Freight, the less-than truckload (LTL) freight services subsidiary of FedEx Corp., on Thursday announced it will increase rates 5.9% as of July 22. The company attributes the increase to a number of factors, including its investment in technology and its efforts to offset rising health care and insurance costs.
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