UPS Sets 2011 Rates

UPS (NYSE:UPS) today released new published rates for 2011, including a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all air express and U.S. origin international shipments.

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.

Updated rate and service information will be posted on www.ups.com/rates beginning today. On Jan. 3, 2011, when the new rates take effect, customers can download the 2011 Rate and Service Guide.

UPS (NYSE:UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at UPS.com and its corporate blog can be found at blog.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.