Why you're still paying a fuel surcharge at FedEx and UPS

cheryl

I started this.
Staff member
Why you're still paying a fuel surcharge at FedEx and UPS - CNN Money

Fuel prices are plunging, but that hasn't stopped FedEx and United Parcel Service from charging customers a fuel surcharge.

The price of diesel is down 30% from a year ago, but UPS still charges customers a 5.25% fuel surcharge on top of whatever it would cost to ship a package. FedEx's fuel surcharge is 4.25% for ground shipments and 2.75% for express shipments.

The surcharges have earned both companies a place on Consumer Reports' list of "naughty" companies for Christmas 2015.
 

Catatonic

Nine Lives
There is a 2 month lag in applying the fuel surcharge (FS) so right now the September spot prices are the basis of the applied November FS.
 
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