XPO Logistics (NYSE: XPO) today announced that it will implement a general rate increase averaging 4.9%, applicable to non-contractual less-than-truckload (LTL) transactions, effective September 26, 2016.
The rate increase will go into effect for customers on the company’s 599 tariff. It will apply to general LTL rates, minimum charges for LTL shipments moving within the United States and Canada, cross-border shipments moving between the United States, Puerto Rico and Canada, and the domestic U.S. portion of shipments into Mexico. Once effective, the new rates can be viewed online at the XPO customer portal, LTL.XPO.com.
XPO is the second largest less-than-truckload provider in North America, ranked number one by shippers for trustworthiness, on-time performance and other critical service criteria in the Mastio LTL Carrier Customer Value and Loyalty Report. The company provides regional and national freight transportation to 99% of all U.S. postal codes, Mexico and Canada, and is a leading LTL provider in Western Europe.