UPS to Raise Rates Jan. 3

United Parcel Service announced on Oct. 28 that it will raise rates Jan. 3.

Rates for UPS Ground, UPS Air, UPS 3 Day Select, and U.S. international services will increase 2.9%. UPS Hundredweight Service rates will increase 5.9%.

Last year UPS commercial ground rates increased 1.9%, while UPS Air and UPS Worldwide Express delivery rates increased an average of 2.9%.

Also in January, UPS will set a cap on the fuel surcharges currently applied to UPS Next Day Air, UPS 2nd Day Air, UPS 3 Day Select and international services of 9.5%.

Other pricing changes include a $0.25 increase in the surcharge for delivery to more remote ZIP codes. The residential delivery surcharge will increase $0.10 for UPS Ground services and $0.35 for UPS Next Day Air, UPS 2nd Day Air, and UPS 3 Day Select.