At Zero Down Supply Chain Solutions, it is our primary objective to keep you informed of the latest rates and fees imposed by carriers so you can anticipate any changes to your shipping costs and make the appropriate adjustments to save the most money.
The latest rate change news comes from UPS (NYSE:UPS).
Effective December 24, 2017, the rates for UPS® Ground, UPS Air and International services, as well as UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 4.9%.
According to UPS.com/rates, the following changes will be effective December 24, 2017:
- The rates for UPS® Ground, UPS Air and International services will increase an average net 4.9%.
- The Large Package Surcharge will apply to any U.S. Domestic package with a length exceeding 96 inches or a length plus girth greater than 130 inches.
- The dimensional weight divisor for packages less than or equal to one cubic foot in size (1,728 cubic inches) will be 139 for all U.S. Domestic services subject to Daily Rates or Alaska and Hawaii Rates.
- The following changes will be effective July 8, 2018:
- The Large Package Surcharge for any U.S. Domestic package delivered to a residential address will be $90.
- The Additional Handling surcharge for any U.S. Domestic package exceeding 70 pounds in actual weight will be $19.00.
Effective December 24, 2017 the rates for UPS Air Freight within and between the U.S., Canada and Puerto Rico will increase an average net 4.9%.
The rates for UPS Freight non-contractual less-than-truckload (LTL) shipments rated on the current UPS Freight Tariff 580 will increase an average net 4.9% effective December 24, 2017 and will be available at ltl.upsfreight.com. This increase applies only to Tariff 580 UPS Freight density-based rates.
*The impact of these changes on your shipping costs will vary according to your shipping characteristics and the terms of your UPS agreement.
In the announcement, the company states:
“UPS continues to make investments in the speed, scope and coverage of our transportation network in order to support our customers’ growth and service needs. Rate increases support ongoing expansion and capabilities enhancements, while UPS maintains the high service levels customers expect.”
To view the original press release, visit: https://www.pressroom.ups.com/pressroom/ContentDetailsViewer.page?ConceptType=PressReleases&id=1508944874218-406.
For additional information on these increases and how you can protect your company from potential loss of profits hidden in shipping fees, contact Zero Down Supply Chain Solutions today at 954-753-7006.