FedEx Freight, ABF Freight System limit fuel surcharges
FedEx Freight, the heavyweight trucking division of FedEx Corp., and Arkansas Best Corp’s national less-than-truckload carrier subsidiary ABF Freight System, both said Tuesday they will limit their standard fuel surcharges to pre-hurricane levels for the next 30 days.
“In our industry, the fuel surcharge is designed to manage normal supply and demand market forces of fuel, not temporary spikes caused by disasters,” said Douglas G. Duncan, president and chief executive officer of FedEx Freight.
The limit on the FedEx Freight fuel surcharge does not apply to the surcharges in place for FedEx Express and FedEx Ground.