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:
https://www.ups.com/us/en/shipping/rates-update.page
This chart illustrates FedEx’s advantage on fuel when it comes to International Exports. This advantage will increase even more after August 26.
Contact us at info@transportationimpact.com to learn about what the UPS surcharge increase, will mean to your company.
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