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Fuel Surcharges Have Been Lowered in Order to Help Those Facing Volatile Fuel Prices
Fully produced report in MP3 format:
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(54 seconds)
-- How Will You Use This Story? --
(OPEN):
WITH BUSINESSES AND INDIVIDUALS FACING VOLATILE FUEL PRICES,
FEDEX FREIGHT HAS REDUCED ITS STANDARD LESS-THAN-TRUCKLOAD FUEL
SURCHARGE, BY A FULL 25-PERCENT. AND, THE RECENTLY FORMED
FEDEX NATIONAL L-T-L HAS REDUCED ITS STANDARD FUEL SURCHARGE, TO
LEVELS COMMENSURATE WITH FEDEX FREIGHT. FEDEX FREIGHT PRESIDENT
AND C-E-O, DOUG DUNCAN, EXPLAINS...
(DUNCAN):
"AS A MAJOR CONSUMER OF DIESEL FUEL, WE TAKE OUR RESPONSIBILITY TO
ADDRESS RISING FUEL COSTS VERY SERIOUSLY. THAT'S WHY WE'RE TAKING
A LEADERSHIP POSITION IN THE TRUCKING INDUSTRY--BY MAKING CHANGES THAT
WILL BENEFIT OUR CUSTOMERS, AND THE MARKET AS A WHOLE. BY
SIGNIFICANTLY REDUCING OUR FUEL SURCHARGES, WE ARE OFFERING IMMEDIATE
ASSISTANCE TO SHIPPERS WHO ARE FACING A CHALLENGING ECONOMY AND VOLATILE
FUEL PRICES. AND, BECAUSE THIS IS NOT A TEMPORARY CHANGE, SHIPPERS
WILL ALSO SEE LONG-TERM BENEFITS."
(CLOSE):
THESE CHANGES DO NOT AFFECT FUEL SURCHARGES AT FEDEX EXPRESS
AND FEDEX GROUND.
