Only days after the end of the air cargo peak season, two of the world's major small package integrators have announced rate increases that will take place in the first quarter of 2001.
Federal Express Corp. will increase list rates an average of 4.9 percent for shipments within the United States effective Feb. 1. U.S. export shipments generally will receive an average list rate increase of 2.9 percent. FedEx Express last adjusted rates in 1999.
United Parcel Service said that its Air Express rates will increase 3.7 percent for one-, two- and three-day delivery, while ground delivery rates will increase 3.1 percent across all weights and delivery zones. The new rates will take effect Feb. 5.
The residential surcharge has been changed from $1 per package to $1.05. International export rates from the United States will increase 2.9 percent, according to UPS releases.
UPS added temporary fuel surcharge of 1.25 percent, implemented in August to compensate for high oil and fuel prices, will remain in effect with the hope that fuel prices will stabilize at lower levels.
FedEx customers can download their rates from the password-secure FedEx Customized Rate Guide Web site. This site allows customers to download rate files or receive customized rate quotes by using a personalized RateFinder application. It also allows customers to select rates to download for specific international and U.S. express services.
