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Why are Fuel Surcharges so High?
FedEx and UPS fuel surcharges are at an all-time high. UPS express fuel surcharge is 22.75%, and the ground is 18% as of June 13, 2022. FedEx express fuel surcharge is 22.75%, and the ground is 19.25% as of June 13, 2022 Diesel prices have skyrocketed faster than gasoline, which has hit record levels. Generally, they’re rising quickly because of the same factors that have increased oil prices this year. The U.S.’s ban on importing Russian oil after the invasion of Ukraine has put an additional squeeze on diesel. The lack of refining capacity has a lot to do with the shutdown of six refineries and the impending closure of a seventh at the end of 2023.
Read More: https://bit.ly/3b7Bhb6
Since 2006, Refund Retriever has been auditing FedEx and UPS packages for late deliveries and billing mistakes. We assist shippers in maximizing carrier discounts and achieving best-in-class pricing through a complete logistics analysis. Are you paying too much for your shipping? Refund Retriever also offers a solution to all your Amazon FBA reimbursement problems. We manually check the whole inventory lifecycle to guarantee all inventory is available for sale.
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By Brian C. Gibbs
5
55 ratings
FedEx and UPS fuel surcharges are at an all-time high. UPS express fuel surcharge is 22.75%, and the ground is 18% as of June 13, 2022. FedEx express fuel surcharge is 22.75%, and the ground is 19.25% as of June 13, 2022 Diesel prices have skyrocketed faster than gasoline, which has hit record levels. Generally, they’re rising quickly because of the same factors that have increased oil prices this year. The U.S.’s ban on importing Russian oil after the invasion of Ukraine has put an additional squeeze on diesel. The lack of refining capacity has a lot to do with the shutdown of six refineries and the impending closure of a seventh at the end of 2023.
Read More: https://bit.ly/3b7Bhb6
Since 2006, Refund Retriever has been auditing FedEx and UPS packages for late deliveries and billing mistakes. We assist shippers in maximizing carrier discounts and achieving best-in-class pricing through a complete logistics analysis. Are you paying too much for your shipping? Refund Retriever also offers a solution to all your Amazon FBA reimbursement problems. We manually check the whole inventory lifecycle to guarantee all inventory is available for sale.