Tuesday, December 26, 2006

FedEx, UPS & USPS price increases

For all of you that use FedEx or UPS for local overnight deliveries, it is probably worth your time (and money) to use a local courier company. Many times a local courier service can deliver you package within a few hours cheaper than FedEx or UPS can deliver overnight. Also, since the local courier comapnies have so much competition, their prices are probably more competitive.

Here is an article from the Miami Herald about FedEx and UPS raising their rates, again!

"UPS said it would increase ground shipment rates by an average 4.9 percent, while rates for air express and international shipments from the United States will go up an average 6.9 percent; however, there will be a 2 percentage point reduction on a separate fuel surcharge for air and international shipments, resulting in a 4.9 percent net increase in those base rates.

FedEx, meanwhile, plans to raise its express shipping rates by 3.5 percent on Jan. 1 and will also be raising its ground shipping prices.

Also in the works is a request to raise postal rates, which is pending before the independent Postal Rate Commission. If approved, the proposal, which includes a 3-cent hike in the cost of a first-class stamp to 42 cents, would take effect next spring."