November 1, 2010, 4:44 PM

UPS kicks up shipping rates by 4.9%

The carrier announced a net increase of 4.9% in its ground and air rates.

Lead Photo

United Parcel Service of America Inc. said today that its shipping rates for both ground shipments and air express shipments will go up 4.9% effective Jan. 3, 2011.

The net increase for ground shipments is based on a 5.9% increase in the base rate, minus a 1% reduction in its ground fuel surcharge, UPS said.

The increase for air express shipments is based on a 6.9% hike in the base rate, less a 2% reduction in its air and international fuel surcharge.

The 4.9% net increase is similar to the percentage increases UPS has announced in recent years. The full 2011 rate schedule is available at


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