In the latter part of November, 2009, UPS announced their new rate schedule for 2010 and with it an increase of 4.9% on ground rates. As is the usual relationship between Fedex and UPS, Fedex followed suit on Dec 3, also announcing a 4.9% increase on ground and home deliveries.
This is a whopping increase since a huge portion of these companies' earnings are from the domestic ground market in the U.S.A. Shippers should pay particular attention to the accessorial charges as well since these have also been revised and increased by both UPS and Fedex and may in fact add on an additional $2-$10 dollars per delivery.
As usual with press releases, it 's not made clear whether those shippers with special prices /contracts in place will suffer this increase or will have to re-negotiate but the trend with all logistics companies is that a general rate increase will affect everyone with few exceptions.
Below are the links to the websites
UPS Rates - 2010 Rate Change Information
Fedex Rates 2010
