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

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

  1. Tricia says:

    Given the rapid reduction in gas pricies, they certainly seem to enjoy the continued squeeze on customers through a fuel surcharge. Seems to me that the fuel surcharge should be eliminated at this point. I had to send two packages yesterday, and it was still a 25%ish surcharge. And when I called to ask them about it, they were less than helpful. I will not be using either company for the foreseeable future, until they eliminate these charges.

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