UPS to Raise Average Prices by 5.9%
Increase Matches Rival FedEx
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Inc. will raise prices 5.9%, to take effect on Dec. 26.
The higher average price “helps to support ongoing expansion and capability enhancement,” UPS said on its .
Rival Corp. will boost shipping rates by the same amount on Jan. 1.
UPS and FedEx rank No. 1 and No. 2, respectively, on the Transport Topics Top 100 list of the largest for-hire carriers in North America.
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