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Package carriers UPS, FedEx raising prices

November 16th, 2007 · No Comments

UPS (formerly known as United Parcel Service) will increase rates for U.S. ground, air-express and international shipments by an average 4.9 percent, effective Dec. 31.

FedEx Corp. will raise its air-shipping rates effective Jan. 7, 2008, by an average of 4.9 percent. The increase will apply to air shipping within the United States and to items exported abroad.

FedEx has confirmed its intention to raise its rates for U.S. ground shipments, but has not announced by how much.

Tags: Businesses

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