Fed Ex ‘Systematically Overcharging’ Customers, Executive Says

A company sales executive said in an unsealed internal email that Fed Ex has been “systematically overcharging” businesses and government offices at higher residential rates , Bloomberg reports.

“I have brought this to attention of many people over the past five or six years, including more than one managing director, and

tom-banner ampforwp-incontent-ad2"> no action has been taken to address it,” Alan Elam wrote in an e-mail on Aug. 2, 2011. “My belief is that we are choosing not to fix this issue because it is worth so much money to FedEx,” he said in a later email.

The unsealed emails are part of  a class-action  lawsuit claiming FedEx overcharged business and government customers as much as $3 each for millions of delivered packages.

Read the whole story at Bloomberg.