UPS plans rate hikes for 2008
UPS said Friday it will increase rates an average of 4.9 percent for UPS Ground and Ground Hundredweight shipments as well as all air express and U.S. origin international shipments, effective Dec. 31.
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, the Atlanta-based express giant said.
FedEx announced a similar rate increase a few weeks ago.
UPS plans rate hikes for 2008
