Top
image credit: Unsplash

UPS hikes ground, SurePost fuel surcharges; FedEx lowers its levy

December 15, 2023

Category:

It seems like you can’t tell parcel-delivery diesel fuel surcharge moves without a scorecard these days.

UPS Inc. (NYSE: UPS) will raise its weekly domestic ground delivery surcharge to 15.75%, effective Monday. This comes after UPS had reduced its weekly levy from 15.5% to 15% the week before. The levy also applies to UPS’ SurePost service managed in conjunction with the U.S. Postal Service, where UPS inducts massive parcel volumes deep into the postal network for last-mile deliveries to residences.

Read More on FreightWaves