UPS Sets 2016 Rates

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The FINANCIAL — UPS on October 15 announced new rates for 2016.

Effective December 28, 2015, UPS Ground rates and accessorial charges will increase by an average net 4.9 percent. UPS Air and International services and accessorials, including UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 5.2 percent. UPS Freight rates will increase an average net of 4.9 percent, effective October 26, 2015, according to UPS.

Effective November 2, 2015, the surcharge will increase for Over Maximum Packages and the tables for Ground, Air and International fuel surcharges will be updated.  Effective January 4, 2016, there will be a charge for UPS’s Third-Party Billing Service.

The rate and surcharge changes are to address the impact of increased costs, changing demand for select UPS products and other market factors.

 

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