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Sunday, October 2, 2022

UPS Announces Rate Increase

 

UPS announced general rate increases of 5.9 % officially went into effect February 18, 2019

According to UPS Freight President, Rich McArdle, “As carriers like UPS Freight look deeper and deeper into how freight is flowing through our network, where the opportunities are, and where the capacity is and is not, we are also thinking about it in terms of how dynamic it is. We are looking at our data a little bit deeper and closer, and that is one of the things all of the [LTL] carriers are doing. This is managed through where the opportunities are.”

UPS Freight isn’t the only carrier to adjust tariffs in 2019; both ArcBest and ABF Freight announced general rates and changes for LTL headed up by “about 5.9%,” effective February 4.