Retailer Daily

UPS Increases Rates for 2009

UPS last week released new list rates for 2009, including an average increase of 5.9% for UPS Ground packages and an average net increase of 4.9% on all air express and US-origin International shipments. UPS Freight announced a general rate increase of 5.9% for 2009. The rate increase for air express and international shipments is based on a 6.9% increase in the base rate, less a 2% reduction in the air and international fuel surcharge index. The new rates will take effect on Jan. 5, 2009. Updated rate and service information will be posted on ups.com/rates beginning Oct. 24, 2008. On Dec. 18, customers can download the 2009 Rate and Service Guide on the site.