Logistics firm ups shipping rates
US logistics giant United Parcel Service announced on Wednesday that it would raise its rates on Dec 26, following other major peer players such as FedEx and the United States Postal Service. For packages, the Atlanta, Georgia-based company said that the rates for UPS Ground, UPS Air and International services would increase by an average of 4.9 percent. UPS would also put a higher price on its airlift service within and between the United States, Canada, and Puerto Rico at the same time. As a result, rates for UPS Air Freight would be 4.9 percent higher.