AUSTIN, Texas, Dec. 4, 2020 /PRNewswire/ -- LSO / Lone Star
Overnight, the Southwest's leading regional parcel carrier, is
announcing a general rate increase (GRI),
effective Jan. 1, 2021, that will average 4.9%. This
announcement follows the earlier rate increase announcements from
FedEx and UPS.
Richard M. Metzler, LSO
President, and Chief Executive Officer commented, "Overall, LSO
rates continue to be less expensive than FedEx and UPS for
2021. Also, we have slashed rates on heavier next day
10:30 a.m. service and are now ~52%
less than FedEx and UPS. We are also 47% less expensive than FedEx
and UPS for next day by 3:00 p.m. and
nearly 16% less for heavier Ground packages."
Metzler went on to say, "ShipMatrix has recently reported that
FedEx and UPS Ground on-time service levels have been in the 96-97%
range when we were consistently at 98% or higher. Also, ShipMatrix
reported that since FedEx suspended its guaranteed delivery
commitment earlier this year, its Priority Overnight (next by
10:30 a.m.) on-time service levels
have been in the 80s. Our customers, and theirs, continue to tell
us that LSO has better on-time reliability, is less expensive, and
has proven to be more flexible; especially during the
pandemic."
About LSO / Lone Star Overnight
We provide reliable, efficient Parcel delivery services
in Texas, Oklahoma, parts of Louisiana, and Southeastern New Mexico,
plus the country of Mexico. There are over 31 million people
who live in our service area and is one of the fastest-growing
regions in the United States for
e-commerce sales. LSO provides next-day and day-definite guaranteed
deliveries, along with live, local customer support. We also
deliver some of the highest on-time reliability levels and lowest
damage rates in the parcel industry.
See lso.com/rates for details.
Media Contact:
John Cronin
Phone: 512-813-7314
Email: jcronin@lso.com
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Lone Star Overnight Announces Annual General Rate Increase
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SOURCE LSO / Lone Star Overnight