UPS Freight Sets 6.9% Rate Increase
UPS Freight said Friday it was raising rates by an average 6.9%, effective Aug. 1.
The less-than-truckload unit of UPS Inc.’s rate hike covers non-contractual shipments in the United States and Canada and applies to minimum charge, LTL rates and accessorial charges.
The impact may vary on specific lanes or shipment characteristics such as weight or class, UPS said.
UPS is ranked No. 1 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
