Amazon to apply 3.5% fuel and logistics surcharge on fulfillment
Amazon is joining the list of major logistics providers that are hitting shippers with price hikes and elevated surcharges as fuel costs rise amid the war in Iran. UPS and FedEx’s fuel surcharge rates continue to climb, and the U.S. Postal Service plans to launch an 8% temporary price hike on package shipping services April 26.
“We have absorbed these increased costs so far,” Amazon said in its announcement. “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 added that its 3.5% price bump “is meaningfully lower than other major carriers” due to work it has already done to lower costs.
Amazon to apply 3.5% fuel and logistics surcharge on fulfillment | Retail Dive