UPS ups rates 4.9 percent

UPS will increase its list prices an average 4.9 percent increase for ground shipments and a net average increase of 4.9 percent on all air express and U.S. origin international shipments.

The new rates will take effect Jan. 1.

The 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 current fuel surcharge, according to Atlanta-based UPS.

The new rates will be posted online at www.ups.com beginning Dec. 1 to provide customers details about changes to specific products and zones.