UPS said the rates on all of its air express and US-origin international shipments will rise by a net average of 4.9% from Jan. 3, 2011. It said the rate increase is based on a 6.9% heightening of the base rate less a 2% reduction of an index-based air and international fuel surcharge. Rival FedEx is increasing US domestic and US export shipping rates on its air-reliant Express services by a net average of 3.9% from Jan. 3 (ATW Daily News, Sept. 30). UPS posted third-quarter net income of ...

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