Express carrier UPS (NYSE: UPS) said it will raise certain non-contract service rates by 4.9%, effective Dec. 27.
UPS said the rate increases will support “ongoing expansion and capability enhancements” of its operations.
The rate increases apply to UPS’s ground, air and international services.
In addition, effective Nov. 1 until further notice, UPS said peak surcharges for certain Europe-origin shipments will increase, and on Nov. 8, raised peak surcharges will apply to shipments originating in China, Hong Kong, Australia, New Zealand and other Asian countries.
