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UPS to raise rates

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UPS to raise rates

Unread postby frankthetank » Fri 20 Nov 2009, 18:50:54

UPS /quotes/comstock/13*!ups/quotes/nls/ups (UPS 57.45, -0.06, -0.10%) shares shed 0.5% to $57.23, capturing attention after the company said it will hike its rates for delivery of packages by ground by about 4.9% in 2010. It will also implement a net increase of 4.9% on its air express and international shipments originating from the United States. The higher prices will take effect Jan. 4.


http://www.marketwatch.com/story/invest ... 2009-11-20

Inflation....
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Re: UPS to raise rates

Unread postby gt1370a » Sat 21 Nov 2009, 12:33:13

Is it still inflation if the number of packages shipped drops by more than the rate increase?
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Re: UPS to raise rates

Unread postby pedalling_faster » Sat 21 Nov 2009, 22:44:38

gt1370a wrote:Is it still inflation if the number of packages shipped drops by more than the rate increase?


that would be a good number to get, actual shipping volume, # of packages & the tonnage shipped.

anyway, yes it's inflation. i think people sometimes use the term "Stagflation" to describe the combination of price rises & economic contraction.
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