Cost of shipping to go up.

[Syn]

http://finance.yahoo.com/news/Fixing-cargo-security-system-apf-3188143801.html?x=0

LONDON (AP) -- The glaring weakness of the cargo shipping system has been laid bare by the Yemen-based mail bomb plot -- but the cost of fixing it may be too high for governments, airlines and shippers to stomach during a global downturn.

If you have the time, read the whole article.


From an email a member of another site received.

UPS Sets 2011 Rates
Press Release

Atlanta, November 01, 2010
New Pricing To Take Effect Jan. 3, 2011

UPS (NYSE:UPS) today released new published rates for 2011, including a net increase of 4.9 percent for UPS ground packages and a net increase of 4.9 percent on all air express and U.S. origin international shipments.
The rate increase for UPS ground shipments is based on a 5.9 percent increase in the base rate, less a 1 percent reduction to the index-based ground fuel surcharge. The rate increase for air express and international shipments is based on a 6.9 percent increase in the base rate, less a 2 percent reduction to the index-based air and international fuel surcharge.
Updated rate and service information will be posted on ups.com/rates beginning today. On Jan. 3, 2011, when the new rates take effect, customers can download the 2011 Rate and Service Guide.

Even though I am not posting lately, I didn't see this thread yet so I had figured I would let everyone know. Have a good day.