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UPS has announced its annual GRI for 2022, with an average increase of 5.9%. The increase matches FedEx’s as the highest increase in recent history from either carrier.

The announcement is no surprise on the heels of 2021’s extreme inflation. For the moment, however, shippers may want to focus on another UPS announcement from today regarding fuel surcharges. The GRI will not go into effect until December 26, so more pressing are the fuel surcharge increases that will be implemented on November 15.

More details on the updated fuel tables can be found here.  We’ve also included two tables below for comparison.

Air Fuel Surcharge Update:

Express
At Least But Less Than New Previous Inc %
$2.01 $2.06 10.50% 9.50% 11%
$2.06 $2.11 10.75% 9.75% 10%
$2.11 $2.16 11.00% 10.00% 10%
$2.16 $2.21 11.25% 10.25% 10%
$2.21 $2.26 11.50% 10.50% 10%
$2.26 $2.31 11.75% 10.75% 9%
$2.31 $2.36 12.00% 11.00% 9%
$2.36 $2.41 12.25% 11.25% 9%
$2.41 $2.46 12.50% 11.50% 9%
$2.46 $2.51 12.75% 11.75% 9%
$2.51 $2.56 13.00% 12.00% 8%
$2.56 $2.61 13.25% 12.25% 8%
$2.61 $2.66 13.50% 12.50% 8%

Ground Fuel Surcharge Update:

Ground
At Least But Less Than New Previous Inc %
$2.78 $2.90 9.25% 8.25% 12%
$2.90 $3.02 9.50% 8.50% 12%
$3.02 $3.14 9.75% 8.75% 11%
$3.14 $3.26 10.00% 9.00% 11%
$3.26 $3.38 10.25% 9.25% 11%
$3.38 $3.50 10.50% 9.50% 11%
$3.50 $3.62 10.75% 9.75% 10%
$3.62 $3.74 11.00% 10.00% 10%
$3.74 $3.86 11.25% 10.25% 10%
$3.86 $3.98 11.50% 10.50% 10%
$3.98 $4.10 11.75% 10.75% 9%
$4.10 $4.22 12.00% 11.00% 9%
$4.22 $4.34 12.25% 11.25% 9%

Here is the full GRI announcement from the carrier’s website:

Effective December 26, 2021, the published rates for our services will increase. This helps to support ongoing expansion and capability enhancements as we strive to maintain the high service levels you expect from UPS. Below is an overview of our 2022 Rates*.

Package
The following changes will be effective December 26, 2021:

  • The rates for UPS® Ground, UPS Air and International services will increase an average net 5.9%

2022 Preview Package Rates

Preview 2022 UPS Daily Package Rates

Preview 2022 UPS Alaska and Hawaii Daily Package Rates

Preview 2022 UPS Hundredweight Service Package Rates

  • The rates for certain Value-Added services and Other Charges will increase

Preview 2022 Changes to Package Value-Added Services and Other Charges

The following changes will be effective January 9, 2022:

  • The Peak Surcharges will be renamed Peak/Demand Surcharges
  • The list of Zip Codes to which Area Surcharges apply will change. See updated Zip Code listings below

Preview 2022 Changes to Area Surcharge Zip Code Listing

Preview 2022 Area Surcharge Zip Code Listing

Preview 2022 Extended Area Surcharge Zip Code Listing

  • The list of Zip Codes to which the Remote Area Surcharge applies will now include certain Zip Codes in the 48 contiguous states. See zip code listing below:

Preview 2022 New Remote Area Surcharge US48 Zip Code Listing

Air Freight

Effective December 26, 2021, the rates for UPS Air Freight within and between the U.S., Canada and Puerto Rico will increase an average net 5.2%.

Preview 2022 UPS Air Freight Rates

Preview 2022 UPS Air Freight Accessorial Rate changes

Preview 2022 U.S. Origin UPS® Air Freight Premium Direct Rates

* The impact of these changes on your shipping costs will vary according to your shipping characteristics and the terms of your UPS agreement.

 

Sign up to view our full 2022 UPS GRI analysis for free, click here.

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