UPS Freight to increase rates 5.9%

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UPS on Friday, Oct. 17, released new list rates for 2009, including an average increase of 5.9 percent for UPS Ground packages and an average net increase of 4.9 percent on all air express and U.S. origin international shipments. UPS Freight announced a general rate increase of 5.9 percent for 2009.

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 Atlanta-based company says the new rates will take effect on Jan. 5, 2009. Updated rate and service information will be posted at ups.com/rates beginning Friday, Oct. 24. On Dec. 18, customers can download the 2009 Rate and Service Guide on the site.