FedEx and UPS Announce 2007 Rate Increases

FedEx Corp. and UPS, Inc. have announced standard list rate increases for 2007. According to ABA affinity partner PartnerShip, both carriers are instituting an average 4.9 percent rate increase on ground shipping. UPS is also instituting a 4.9 percent rate increase for its air and international shipments, and FedEx Express is instituting a rate increase of 3.5 percent for similar services. The new rates and surcharge changes will go into effect on January 1.

PartnerShip also noted that FedEx and UPS previously announced a new dimensional weight system for oversized, large ground shipments. If the dimensional weight is greater than the actual weight, dimensional weight will apply to ground shipments that are three cubic feet (5,184 cubic inches) or greater.

Discounted rates on small-package and freight shipments are available to ABA members via the association's strategic alliance with PartnerShip. ABA members that sign up for the free affinity program receive discounted rates with FedEx Express, FedEx Ground, FedEx Home Delivery, Yellow Transportation, and UPS Freight. (Learn more.)

Information about the new rates, surcharges, and dimensional calculation charge changes is available at www.fedex.com, www.ups.com, or www.partnership.com.