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UPS Sets 2016 Rates

ATLANTA, Oct. 15, 2015 (GLOBE NEWSWIRE) --

UPS® (NYSE:UPS) today announced new rates for 2016.

Effective December 28, 2015, UPS Ground rates and accessorial charges will increase by an average net 4.9 percent. UPS Air and International services and accessorials, including UPS Air Freight rates within and between the U.S., Canada and Puerto Rico, will increase an average net 5.2 percent. UPS Freight® rates will increase an average net of 4.9 percent, effective October 26, 2015.

Effective November 2, 2015, the surcharge will increase for Over Maximum Packages and the tables for Ground, Air and International fuel surcharges will be updated. Effective January 4, 2016, there will be a charge for UPS’s Third-Party Billing Service.

The rate and surcharge changes are to address the impact of increased costs, changing demand for select UPS products and other market factors.

For additional information and to review the new 2015 and 2016 rates, visit www.ups.com/rates. Customers can download the full 2016 UPS Rate and Service Guide beginning December 28, 2015.

About UPS

UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including the transportation of packages and freight; the facilitation of international trade, and the deployment of advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the Web at ups.com® and its corporate blog can be found at Longitudes.ups.com. To get UPS news direct, visit pressroom.ups.com/RSS.

Steve Gaut 404-828-8787 sgaut@ups.com

Source: UPS