UPS came out with its 2024 general rate increase on Friday after fierce rival FedEx announced plans to hike its fees last month. UPS said the GRI will be 5.9 percent higher next year. America’s ...

UPS’ five-year contract with the Teamsters union calls for 9% to 10% rate increases in its first year. That will be the steepest year-over-year hike over the contract’s duration. Given the ...

With those estimates, UPS (NYSE: UPS) will need to raise domestic prices by $1.11 per package, or 8.8% cumulatively, to offset the entire cost increase over the contract’s five-year duration ...

Rates for UPS' Ground, Air and International services will increase by an average of 6.9% effective Dec. 27, according to the company's website. UPS also announced higher accessorial charges ...

United Parcel Service (UPS) announced rate hikes Thursday on ground and air shipments. The rates come into effect Feb. 5. Rates for UPS ground shipments will jump 3.1% for all weights and zones.

The Federal Reserve decided to keep interest rates the same for just the second ... imply there will be one final 25-basis-point hike this year. Fed staff increased their median projections ...

UPS reported an $11.55 billion profit for 2022 and reached $100.34 billion in revenue for the year, as it continues to hike shipping rates. The 3.1% year-over-year increase in revenue came as the ...