UPS to raise rates 4.9% in 2011

UPS to raise rates 4.9% in 2011    UPS on Monday released new published rates for 2011, including a net increase of 4.9 percent for UPS ground packages, all air express and U.S. origin international shipments.
   The company said the rate increase for UPS ground shipments is based on a 5.9 percent increase in the base rate, less a 1 percent reduction to the index-based ground fuel surcharge. 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 to the index-based air and international fuel surcharge.