UPS sets 2011 rates effective Jan. 3

UPS on Monday, Nov. 1, released new published rates for 2011, including a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all air express and U.S. origin international shipments.

The rate increase for UPS ground shipments is based on a 5.9 percent increase in the base rate, less a 1 percent reduction to the index-based ground fuel surcharge. 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 to the index-based air and international fuel surcharge.

Updated rate and service information now is posted on ups.com/rates. On Jan. 3, 2011, when the new rates take effect, customers can download the 2011 Rate and Service Guide.