
UPS increases rates for 2012
Once you've finished your holiday shopping, get started on your holiday shipping -- it will cost more in 2012.
Some people don't send all of their holiday packages by Christmas day. Some of us -- I mean them -- don't necessarily even get all of those packages out the door by New Year's Day.
But we should make a special effort this year because -- if we're sending anything via United Parcel Service or FedEx-- it's going to cost about 5% more in 2012.
On Friday, Atlanta-based UPS -- the world's largest package delivery company -- announced a rate hike for most of its shipping services, which will take effect Jan. 2, 2012, according to Reuters. The new rates represent a net increase of 4.9% over 2011 rates for ground and air shipments, according to UPS. Ground package rates will increase 5.9% less a 1% decrease in the fuel surcharge, and Air services and U.S.-originated international shipments will increase 5.9%, less a 2% fuel surcharge decrease.
The percentage rate increase is about equal to what the company announced in each of the last five years, according to the Journal of Commerce.
Demand for UPS services is expected to increase during the holidays, Reuters reported: "Consumers increasingly order using the Internet in the final few weeks before the holidays, and those goods are delivered mainly by UPS and FedEx."
Following FedEx's lead
In September, Memphis-based FedEx announced it would increase rates by net 3.9%. Post continues below.
Earlier this month, UPS announced that it anticipated at 6% bump in holiday shipments for 2011 as compared to 2010, according to The Associated Press. The delivery company predicted that online shopping would turbo boost the 120 million packages to be shipped in the week before Christmas worldwide, up from 113 million during that week last year.
In October, FedEx said it expects to handle about 260 million shipments between Thanksgiving and Christmas, representing a 12% increase over that same period in 2010, according to the Wall Street Journal.
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How can UPS and FedEx keep raising rates 5.9% each and every year. They do more
to harm the economy than anything else I can think of. They make more
businesses go belly up than any other factor.
Geez, don't you wish you could just raise your prices 5.9% each 1st Monday of the new year.
These Bast**ds are greedy as greedy can be. They tell you it's because they are giving
us better service, but, they are just greedy bast**ds
If you want to save money and get good delivery times use the USPS priority mail with tracking!
For any skeptics out there go to there site at USPS.com and you will see a wide variety of shipping options and mailing services. The boxes you need are free and they have free pickup at your request. they are constantly revising the website with new and improved services. One which will be having the ability to send anyone your own personal card for birthdays, marriage, having a baby, graduation, etc; etc; through your smart phone. I have used them with great success for my ebay business using priority mail which has the tracking with it and you are able to print out your own labels. I then drop them off at the post office without waiting in line.
We need our post offices which is vital to or country that's why congress needs to stop making them prefund health care for future retiree's in the amount of 5 billion dollars a year. They also
have over funded the FERS and CSRS retirement systems by billions and congress is road blocking them from getting those funds. If congress would take the handcuffs off we would have a Postal Service that would operate in the black which also means rates stay in check.
UPS and FedEx rate increases have been too high year after year and do not reflect the realities of the recession. This is the result of the Justice Department allowing oligopolies and the destruction of competition. UPS billing department will nail you with an $11 address charge, even if you happen to have the street address correct but mistakenly put a wrong suite number. The truth of the matter is that UPS knows almost everyone's correct address and has it in their system. They are in the business of collecting fees. On the other hand, if they do not deliver on time, which means they promise to give you a refund, their billing department does not automatically give you a credit. You have to call to get the credit, wasting valuable time. They know people don't have the time. After all, do you want your $30/hour bookkeeper spending time with UPS on the phone? Their computer system nails you for the address change but does not credit you for late deliveries, a much worse offense!
We will miss the post office and it's secure deliveries and Federal laws protecting our mail. Other countries have dishonest workers who steal packages or just don't deliver the mail on a consistent basis. In Venezuela, as just one of many examples, businesses use private couriers to get US mail to Miami and into our system, as they don't trust their own country's postal system. Email is not secure.
If you like cell phones that don't work half the time, you won't miss the postal service. If you like distorted flat screen tvs, you won't miss the postal service. If you think digital pictures are as good as film, you won't miss the postal service. If like digital greeting cards, you won't miss actually receiving and having the fun of receiving a real card. If you think digital sound is as good as analog (LPs), you won't miss the postal service. If you don't mind when your electronic check paying system goes down, you won't miss the postal system.
Hairyntz: "What they need to do is get rid of the union and people who sleep on the job!! Believe me i worked there people sleeping, taking advantage of o.t. taking excessive breaks and lunch breaks. You want to restructure usps go in undercover and take a look for yourself.."
====
...Good God, it was that great! Why did you leave? You could still be sleeping and taking breaks. You weren't so stupid as to leave that were you?
The USPS is in dire condition due to a congressional mandate that they fund benifits for a strange period of 75 years. This policy effectivly kills the postal service...no business in America can do that and wont have to.
If you eliminate competition you set the stage for skyrocketing prices. Which members of congress had UPS and FED EX stock?
Here's the deal, i work for ups and the .com business has really been booming over the last 10 years. and the increase to ship is so the inferstructure can be mantained and upgraded to handle the higher volume of packages. most large companies that people buy from will have flat rates or even free shipping to the customer. and the drivers and hub workers are union (im a union worker) but the management is not. we are the muscle behing the man getting your goods to you but the worker does not make the rates!! and for sleeping on the job... HA!! i would like to see how you would be able to unload a 45 foot semi trailer in under 45 mins containing packages anywhere from 140lbs- 1lb with the average weight about 30lbs! at the rate of about 1000 packages an hour for one person!
there's a lot more i can add to how the job is but in all im proud to work there and you all can keep on clicking to shop, i do appriciate it and because of that i do have a job ![]()
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(arizonaron) say's "....make the rich pay their fair share of taxes". Don't know what that has to do with UPS raising their rates but one darn thing is surely apparent, the seeds of inflation have been firmly planted and the Government clowns, Big Ben and the Fed are in complete denial.
As for UPS, raise away my friends since we have little left to spend anymore so our only contact is eyeballing your big brown trucks blowing down the road past our house.
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Editor Bev O'Shea lives and works in the foothills of the Appalachians. A former copy editor for The Atlanta Journal-Constitution and the Orlando Sentinel, she joined MSN Money in 2007. She's a fan of sunsets, college football and free shipping, among other things.
Having worked as a writer, reporter and editor for more than 25 years, Editor Julie Tilsner is the sort of person who can't help but correct grammar in Facebook postings and on billboards. She's written for BusinessWeek, the Los Angeles Times, Parenting, Redbook, AOL and others. She lives in Los Angeles County with her family and loves to drink wine and practice yoga, although not generally at the same time.
A writer for MSN Money since January 2007, Donna Freedman won regional and national prizes during an 18-year newspaper career and earned a college degree in midlife without taking out student loans. She also writes about smart money tactics for magazines and on her own site, Surviving and Thriving.
Mitch Lipka has been warning people about scams and shining light on questionable business practices for more than 20 years. Mitch, the consumer columnist for The Boston Globe, has also been a reporter and editor at The Philadelphia Inquirer, Consumer Reports, South Florida Sun-Sentinel and AOL. He won the 2010 New York Press Club award for best consumer reporting online and was honored in 2011 for his reporting on child product safety.
Marilyn Lewis is an award-winning writer with a passion for getting readers clear, straight information that helps them stay out of financial trouble. A former reporter for The San Jose Mercury News, she works from her home in Port Townsend, Wash. Contact her at MarilynLewis@Outlook.com.
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