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UPS / FEDEX Rate Increase...

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   Forums Archive -> The Vault: 2007Message format
 
Jeff W.
Posted 2007-11-11 2:57 PM (#75059)
Subject: UPS / FEDEX Rate Increase...


Joined:
November 2003
Posts: 11039

Location: Earth·SolarSystem·LocalInterstellarCloud·Local Bub
Regular ground service will get about a 5% bump first of the year...

ATLANTA—UPS, a package delivery carrier and provider of global supply chain services, rolled out its 2007 list rates for ground shipments.

The new rates are comprised of an average 4.9 percent increase for ground shipments and a net average increase of 4.9 percent for all air express and U.S. origin International shipments, according to a press release issued by the company earlier today.

The company added that this increase is based on a 6.9 percent base rate increase, with a two percent reduction in its current fuel surcharge. These rates will be posted on the company’s Website on December 1, with specific information on pricing changes for products and zones. And they will take effect on January 1, 2007.

Earlier this month, UPS competitor FedEx said it would raise 2007 rates by 5.5 percent, with a 5.5 percent increase in standard list rates that will be off-set by a two percent reduction in its fuel surcharge rates.
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Mr. Ovation
Posted 2007-11-11 4:04 PM (#75060 - in reply to #75059)
Subject: Re: UPS / FEDEX Rate Increase...


Joined:
December 2001
Posts: 7211

Location: The Great Pacific Northwest
So what else is new. Seems like clockwork. They all make a windfall over the holidays and then raise the rates to compensate for it. (sarcasm)
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stonebobbo
Posted 2007-11-11 4:09 PM (#75061 - in reply to #75059)
Subject: Re: UPS / FEDEX Rate Increase...



Joined:
August 2002
Posts: 8307

Location: Tennessee
The release says 2007 ...
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Jeff W.
Posted 2007-11-11 4:12 PM (#75062 - in reply to #75059)
Subject: Re: UPS / FEDEX Rate Increase...


Joined:
November 2003
Posts: 11039

Location: Earth·SolarSystem·LocalInterstellarCloud·Local Bub
misprint... should read '08
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Old Man Arthur
Posted 2007-11-11 4:28 PM (#75063 - in reply to #75059)
Subject: Re: UPS / FEDEX Rate Increase...



Joined:
September 2006
Posts: 10777

Location: Keepin' It Weird in Portland, OR
That is not so great, until you compare it to USPS!

Parcel Post for a large (Guitar box) package 44x10x24 is $127.24!
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Gway
Posted 2007-11-11 5:04 PM (#75064 - in reply to #75059)
Subject: Re: UPS / FEDEX Rate Increase...


Joined:
April 2007
Posts: 318

Location: Slightly northwest of Trader Jim
Hey, they have to pay for all those broken guitars some how! :eek:
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