UPS hike 2010 prices
UPS announce a price increase of almost 5% for 2010 for selected services. The company revealed an average increase of 4.9% for UPS Ground packages and an average net increase of 4.9% on all air express and U.S. origin international shipments.
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 take effect on 4 January.
Also effective from that date, fuel surcharge tables for air express and ground services will be adjusted. The changes will better align Air and Ground Fuel Surcharges and will substantially reduce the volatility of air surcharges when fuel prices fluctuate.
