UPS Freight Announces 2008 Rate Adjustment

Fri Jan 11, 2008 2:00pm EST

* Reuters is not responsible for the content in this press release.

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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