FedEx Express and UPS Rolls Out 2010 Rates – Effective Jan. 4, 2009
ByFedEx Express rates are to increase by 5.9% with an offsetting 2% reduction in the fuel Surcharge, making it a net increase of 3.9% for air shipments. FedEx Ground to announce their 2010 rates soon.
United States Postal Service (USPS) increases Priority Mail rates by 3.3%, and a 4.7% for Parcel Select, the USPS’ Ground Product.
2010 UPS’ Net Average Rate Increase is 4.9% for almost all Ground and Air Express Shipments.
The 2009 parcel rate increases are the highest in the recent history, FedEx Express in their 2010 rates projects a net increase of 3.9%. In 2009 FedEx Express parcel rates were up by 6.9%. FedEx Ground, FedEx Home Delivery and FedEx SmartPost®rates will increase. FedEx® Retail Counter Rates will change.
Visit FedEx Site for more details on FedEx 2010 rates: http://www.fedex.com/us/rates2010/
And earlier this month, the United States Postal Service said it will raise rates an overall 3.3 percent price, on average, for Priority Mail and a 4.7 percent increase for Parcel Select, the USPS’ bulk shipping ground product.
Visit USPS’s official site for additional details on USPS pricing: http://www.usps.com/prices/
In 2009 UPS ground rates increased by 5.9% and Air shipment fares went up by 4.9%. In the recent rate increase, U.S. origin international air shipments are subject to rate increase of 6.9% in the base rate, however, a 2% reduction in the international fuel surcharge will make the net effective increase of 4.9% for all U.S. Under the new rates to be effective in January air fuel surges will go down and where as ground fuel surcharges will go up. In net ground surcharges are expected to go up by about 2% where as air surcharges are to go down by about 4%.
UPS officials stated that the new Rate and Service guide will be available at www.ups.com on December 18, 2009.
Contact KEOGH for more details:
Ravi Madala
KEOGH – Integrated Supply Chain Solutions
300 Village Square Crossing, Suite 101
Palm Beach Gardens, FL 33414
Phone: 561.775.3833
rmadala@keogh1.com
www.Keogh1.com