FedEx Ground lowers fuel surcharge
Pittsburgh-based FedEx Ground, a division of Memphis-based package delivery conglomerate FedEx Corp., said it will lower its current 1.25% fuel surcharge to 0.75% effective Jan. 7, 2002. The company also will begin using an indexed method to calculate the fuel surcharge beginning February 4. FedEx’s new fuel surcharge calculation method will be subject to adjustment monthly based on a rounded average