Independent journal on economy and transport policy
01:24 GMT+2
No freight rate hikes planned for now: UPS, FedEx
(Shipping Times)
September 12, 2000
Their current jet fuel contracts helping to shield them from higher fuel bills
[BANGKOK] United Parcel Service Inc and FedEx Corp, the world's two largest delivery companies, said they both have no plans to raise freight rates for now as existing jet fuel contracts help shield them from higher fuel bills.
UPS hedged against oil price increases with six- ...... Read more on Shipping Times
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher