Effective December 26, 2023, UPS (UPS) said Daily Rates for its services will increase. “This helps to support ongoing expansion and capability enhancements as we strive to maintain the high service levels you expect from UPS,” the company said on its website. UPS added that the rates for UPS Ground, UPS Air and International services will increase an average net 5.9%. The Fly notes that FedEx previously announced that FedEx Express shipping rates will increase by an average of 5.9% for U.S. domestic, U.S. export, and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 5.9%. FedEx Ground Economy shipping rates will also increase. FedEx Freight shipping rates will increase by an average of 5.9%-6.9% dependent on the customer’s transportation rate scale.
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