UPS to Raise Rates 4.9%

Ken James/Bloomberg News

UPS Inc. said it will raise its rates on average 4.9% for package and airfreight delivery, effective Dec. 30.

The rate increase covers ground services and UPS air and international services, UPS said in a statement.

Customers will be able to view and download the new rates Dec. 30, the company said Nov. 21.

DHL Express announced a 3.9% average price increase for U.S. account holders, effective Jan. 2, 2014. The company said it adjusted its prices taking into account inflation and rising costs.

In June, YRC Freight, ABF Freight System and UPS Freight announced 5.9% rate increases, continuing a trend of accelerating the timing of rate adjustments.

UPS Freight said its increase also is being applied to LTL shipments if a single load was so large that it filled a trailer and no other freight could be accommodated.

UPS Inc. is ranked No. 1 on the Transport Topics Top 100 listing of U.S. and Canadian for-hire carriers.


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