All posts tagged: surcharge

Amazon to Add 3.5% Fulfillment Surcharge as Fuel Costs Rise

Amazon to Add 3.5% Fulfillment Surcharge as Fuel Costs Rise

Published by skeptic

Amazon will add a 3.5% fuel and logistics-related surcharge to fulfillment fees it charges third-party merchants, as the war in the Middle East, which began with US and Israeli strikes against Iran at the end of February, continues to drive up fuel costs. The fee will be applied to third-party sellers across Fulfillment by Amazon in the US and Canada beginning April 17,  Amazon said in a note to sellers on Thursday.  “Elevated costs in fulfillment and logistics have increased the cost of operating across the industry,” Amazon wrote in its announcement. “We have absorbed these increased costs so far. However, similar to other major carriers, when costs remain elevated, we implement temporary surcharges on our fulfillment fees to recover a portion of the actual cost increases we are experiencing.”   Amazon said the new surcharge is “meaningfully lower” than what is charged by other major carriers. Its surcharge will average about 17 cents per unit in the US, but the cost will vary based on the item’s size, Amazon said. Amazon’s announcement comes amid …

Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets

Amazon hits sellers with ‘fuel surcharge’ as Iran war roils global energy markets

Published by skeptic

The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has instituted a new 3.5% fuel surcharge for sellers that use its distribution network. The policy has the potential to inflict significant new costs on the untold merchants that rely on the e-commerce giant to sell their products. Amazon told TechCrunch that the surcharge would be in place for the foreseeable future, although the company said it will continue to evaluate a potential policy shift as market conditions evolve. The news was originally reported by Bloomberg. “Elevated costs in fuel and logistics have increased the cost of operating across the industry,” a spokesperson said. “We have absorbed these increases so far, but similar to other major carriers, when costs remain elevated we implement temporary surcharges to partially recover these costs.” The spokesperson added that the surcharge was “meaningfully lower than surcharges applied by other major carriers.” The new policy will take effect on April 17 and will impact sellers who use …

Grab to temporarily raise fuel surcharge for rides to Salt=

Grab to temporarily raise fuel surcharge for rides to S$0.90 from Apr 7 amid global price volatility

Published by Sam Flores

S$1.1 MILLION SUPPORT PACKAGE Grab also announced a support package for its drivers, following recent volatility in pump prices that has increased daily operating costs. The support package includes fuel vouchers – which were introduced in March – as well as upcoming increases in monthly cash bonuses and cashback rebates. Grab said it would enhance its ongoing monthly rebate programme for April, providing extra bonuses and rebates to help eligible driver-partners offset the sudden rise in fuel expenses.  “These enhancements are designed to provide additional support on top of fuel vouchers, which were introduced as immediate relief for eligible driver-partners when fuel prices first spiked in March,” said Grab. Both initiatives were developed in consultation with the National Private Hire Vehicles Association (NPHVA), Grab said. The association said in a post on Facebook that it welcomed the latest changes to the driver fee, noting that it was first introduced in 2022 to help drivers manage rising costs. It added that it has been engaging Grab to step up support for drivers amid the US-Israeli war …

Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains

Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains

Published by Jenni Sidey

Submitted by Michael Kern of OilPrice.com, The war in the Middle East has upended shipping fuel markets with prices of marine fuels skyrocketing and regions running low on supply, pushing some traders to forgo cargo and ship additional fuel volumes to key bunkering ports outside the Middle East. The price of fuel oil has surged this month as the stalled tanker traffic at the Strait of Hormuz is tightening supplies of the fuel in Asia, the key bunkering hub for fuel oil used in ships. The Middle East is a major global supplier of fuel oil, especially of high-sulfur fuel oil (HSFO). But the Iran war has all but halted traffic via the Strait of Hormuz, stranding supplies for Asia and its key bunkering hub of Singapore. Yet, stocks in Singapore have increased this month as shipping owners and operators have refrained from buying the too expensive fuel. These, however, could soon start to deplete, fast, because vessels are becoming desperate to refuel, according to a Financial Times analysis. One trader told the publication that …

USPS 8% Surcharge Could Hit Small Businesses and Shoppers Alike

USPS 8% Surcharge Could Hit Small Businesses and Shoppers Alike

Published by skeptic

It’s about to cost more to ship packages through the United States Postal Service. The USPS said Wednesday that it will implement a temporary 8% surcharge beginning in April “to better align its costs of transportation with the market.” Like everyone, the post office is facing higher fuel costs driven by ongoing turmoil in the Middle East. The proposed increase will affect Priority Mail Express, Priority Mail, USPS Ground Advantage and Parcel Select, but not first-class stamps and other products and services. If the Postal Regulatory Commission approves the measure, the price change will begin on April 26 at midnight Central Time and expire on Jan. 17, 2027, at midnight Central Time. At that time, the USPS will assess if the surcharge will continue. Last week, Postmaster General David Steiner told Congress that the USPS will run out of money by next February. He requested that Congress lift regulatory restrictions so that the postal service can raise prices on products and services.  The Postal Service has been financially underwater for nearly two decades. The Government Accountability Office added …

U.S. Postal Service seeks 8% fuel surcharge for package deliveries

U.S. Postal Service seeks 8% fuel surcharge for package deliveries

Published by Sam Flores

Postal carrier Marc Jacques delivers the mail in a neighborhood on March 19, 2026 in Miami, Florida. Joe Raedle | Getty Images The U.S. Postal Service on Wednesday said it is seeking to impose a temporary 8% fuel surcharge for package and express mail deliveries to deal with rising transportation costs, which include higher oil prices as a result of the Iran war. If approved by the Postal Regulatory Commission, the surcharge would take effect April 26 and remain in place until Jan. 17, 2027, the Postal Service said in a notice on its website. The 8% surcharge would apply to postage on Priority Mail Express, Priority Mail, USPS Ground Advantage, and Parcel Select products. First-class stamps and other mail services would not be affected. Oil prices have jumped more than 40% since Feb. 28, when the United States and Israel attacked Iran. Read more U.S.-Iran war news FedEx and UPS, two major package shippers, for years have imposed fuel surcharges on deliveries. Those surcharges have sharply increased since the U.S. and Israel attacked Iran …