Press Release Source: FedEx Freight (http://biz.yahoo.com/bw/060407/20060407005526.html?.v=1)

FedEx Freight Announces General Rate Increase
Friday April 7, 4:00 pm ET

MEMPHIS, Tenn.--(BUSINESS WIRE)--April 7, 2006--FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx Corp. (NYSE: FDX - News), will implement a 5.95 percent general rate increase effective April 24, 2006. This general rate increase applies only to FedEx Freight. Rates for other operating companies within FedEx Corp., specifically FedEx Express and FedEx Ground, are not affected. FedEx Freight is a leading U.S. provider of regional and inter-regional LTL freight services.