UPS announced a 4.9% net increase in shipping rates for all air services and US-origin international shipments, effective Jan 2, 2012. "The rate increase for UPS air and international services shipments is based on a 6.9% increase in the base rate, less a 2 percentage point reduction to the index-based air and international fuel surcharge," the express delivery giant stated. The increase is identical to the 4.9% rate hike imposed by UPS at the beginning of this year. It added ...

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