Good News: UPS, FedEx Lower Fuel Surcharges by 50%

November 24, 2008

Here is some good news in the parcel industry!

UPS and FedEx have announced significantly lower fuel surcharges for December. With the cost of a barrel of oil falling, you have been probably wondering why you are still paying nearly 30% in fuel surcharges on express and international shipments.

Here are the new rates beginning December 1 through January 4, 2009.

  • 15% for express and international (down from 28.5%)
  • 6.75% for ground (down from 8.25%)

     

Happy Holidays from your parcel carriers!


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