UPS Freight Announces 2008 Rate Adjustment
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RICHMOND, Va.--(Business Wire)--UPS Freight (NYSE:UPS), the nation's fourth-largest less-than-truckload (LTL) carrier, today announced a general rate increase averaging 5.4 percent covering non-contractual shipments in the United States and Canada. The increase goes into effect on Feb. 4, 2008, and applies to minimum charge, LTL and truckload (TL) rates. "We are continuing to improve service to our customers and to provide the latest technology," said UPS Freight President Jack Holmes. "On Jan. 1, UPS began offering on-time guarantees at no additional charge to customers on the current base UPS Freight tariff for shipments moving within the continental United States." Also beginning this month, customers can process both package and LTL shipments in the UPS WorldShip(R) system, an enhancement that's already exciting customers, Holmes added. In addition to being able to create a Bill of Lading (BOL) for LTL shipments, UPS WorldShip users can send e-mail notifications, save BOL's for later completion, import commodities and view their negotiated rates. "I have worked with many freight and transportation companies, and I've filled out hundreds of forms and freight bills," says Richard Rohde, who handles shipping for Independent Electric Supply in San Francisco. "In my opinion, this version is by far the easiest to use and the fastest." UPS Freight, the over-the-road heavy freight division of UPS, offers a full range of regional, interregional and long-haul LTL and TL capabilities in all 50 states, the Virgin Islands, Puerto Rico and Guam along with comprehensive cross-border service in Canada and Mexico. UPS is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com. To get UPS news direct, visit pressroom.ups.com/RSS. UPS Ira Rosenfeld, 804-291-5362 Copyright Business Wire 2008
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