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UPS rate increases to average 4.9%

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From Times Wire Services

UPS said it would increase rates for ground, air express and international shipments that originate in the United States by an average 4.9%, effective Dec. 31.

United Parcel Service Inc. said the increase for air express and international shipments is based on a 6.9% increase in the base rate, less a 2% reduction in the current fuel surcharge.

The increases announced by the Atlanta company appear to be in line with those recently announced by Memphis, Tenn.-based FedEx Corp.

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