FedEx and UPS Announce Rate Increases for 2010
Date: 1/4/10
FedEx and
UPS have announced their respective rate increases for 2010. FedEx
Corp. has
announced it will increase the net average shipping rate for FedEx
Express by
3.9 percent, which is composed of a 5.9 percent increase in standard
list
rates, offset by a 2.0 percent reduction in the fuel surcharge. The new
rates
will be effective Jan. 4, 2010 and apply to
FedEx
Corp. will increase
the standard list rates for FedEx Ground and FedEx Home Delivery by an
average
of 4.9 percent. The new rates will be effective Jan. 4, 2010.
Additional
changes will be made to other FedEx Ground and FedEx Home Delivery
surcharges
effective Jan. 4, 2010.
For
complete FedEx rate
information, please visit http://www.fedex.com/us/rates2010/.
UPS
has also announced new
list rates for 2010, including an average 4.9 percent increase for UPS
Ground
and Ground Hundredweight shipments and a net average increase of 4.9
percent on
all air express and
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.
Updated
rate and service information is posted on ups.com/rates. Customers may
also use
this link to download the 2010 Rate and Service Guide,
which provides an
explanation of the fuel surcharge calculation methodology along with
the new
rate tables.
The
new UPS rates will take
effect on January 4, 2010.
Fortunately,
SGMA members
have access to SGMA’s Discount Shipping Program, which provides members
with
lower costs on their FedEx shipping. Click here
for more
information.
