UPS Raises Rates 4.9%
Every year this time of year, UPS announces its latest plans for rate hikes in the year to come. On Thursday, the parcel shipper announced plans for a 4.9% average-rate increase in 2014 on packages delivered by UPS Ground, Air, and International.
Air Freight deliveries within and among the U.S., Canada, and Puerto Rico -- including UPS Next Day Air Freight, UPS 2nd Day Air Freight, and UPS 3 Day Freight, and also U.S.-origin UPS Express Freight shipments -- will likewise rise by an average of 4.9%.
"Select" other fees will also increase, including an extra $0.25 handling surcharge, $0.35 for address corrections, and other fees.
All of these rate increases go into effect on Dec. 30, 2013, at which time the 2014 UPS Rate and Service Guide will become available for download. Those who can't wait that long can see the new rates can be review them on UPS's website.
The article UPS Raises Rates 4.9% originally appeared on Fool.com.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends United Parcel Service. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.