As we expected, UPS announced rate increases which will take into effect December 26, 2016. FedEx is also expected to make similar announcements later this month. Please keep this in mind as you are working out shipping rates with your customers.
UPS 2017 Rates Information
Effective December 26, 2016, the following changes will take effect:
- Daily rates for UPS® Ground service will increase an average net 4.9%.
- Daily rates for UPS Air and International services, as well as UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9%.
- The Additional Handling charge will be assessed for UPS Air and International packages with the longest side exceeding 48 inches, instead of 60 inches.