UPS announces 1% increase in International Export Fuel Surcharge
On August 9, 2019, UPS announced a rate change concerning International Export Fuel surcharges. The announcement states that UPS will increase the International Export Fuel Surcharge 1.0% for all thresholds starting on August 26. This follows the announcement in May in which UPS increased the International Import Fuel Surcharge by 0.5%.
Below is a link to the announcement on the UPS website:
The following chart is a comparison of International Export Fuel surcharges for UPS and FedEx.
This chart illustrates FedEx’s advantage on fuel when it comes to International Exports. This advantage which will increase even more after August 26.