Category Archives: Logistics
UPS will be raising base rates 5.9% beginning January 2, 2012. International shipments will increase by 6.9%.
The upside (if you can call it one) : the new rates will be somewhat offset by the reduction in UPS fuel surcharges – 1% for ground packages and 2% for all air shipments.
China’s logistics costs rose 18.7% in the first three quarters of 2011. The increase has been attributed to the rising costs of raw material, labor, fuel and a surging global demand.