UPS will raise its rates in 2010. The new rates will take effect Jan. 4, 2010.
Ground packages, air express and U.S. origin international shipment rate will jump by an average of 4.9%, according to the company. This is slightly less than the 5.9% announced for 2009 shipments.
The rate increase for air express and international shipments is based on a 6.9 percent increase in the base rate, less a 2 percent reduction in the air and international fuel surcharge index, the company said. The company’s management is concerned with this rate increase in that volume of shipments is down.
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