Shipping rates rise 4.9% in coming year
FedEx announced this month that it will increase standard rates for FedEx Ground and FedEx Home Delivery by an average of 4.9% next year. The shipper disclosed earlier that it will raise shipping rates for FedEx Express by an average of 5.9% for US domestic and US export services, also effective next month.
UPS has announced that its 2010 shipping rates will increase by an average of 4.9% for UPS Ground packages, and consumers will see an average net increase of 4.9% for air express and US origin international shipments.
The US Postal Service told businesses in October that it will not raise rates for 2010 on its “market-dominant products,” a category that includes first-class and standard mail, periodicals and single-piece parcel post.
Less than a month later, the USPS announced a mix of increases and rate cuts on other services for next year. Priority mail customers will see an average price increase of 3.3% next year, while express mail users will see prices jump by 4.5%.