Saturday, October 18, 2008

UPS Sets 2009 Rates

(BUSINESS WIRE)--UPS (NYSE:UPS) today (October 17, 2008) released new list rates for 2009, including an average increase of 5.9 percent for UPS Ground packages and an average net increase of 4.9 percent on all air express and U.S. 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 percent increase in the base rate, less a 2 percent 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.

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