The fuel surcharge % is subject to monthly adjustment based on the fluctuation in fuel prices.
Month |
Surcharge |
February 2023 | 29.00% |
January 2023 |
31.50% |
December 2022 |
36.00% |
November 2022 |
32.00% |
The fuel surcharge for express services will be based on the monthly average spot prices for US Gulf Coast (USGC) kerosene-type jet fuel, as reported by the U.S. Department of Energy.
Due to the release dates of the spot pricing data, there will be a two-month lag in the application of the index.
Example, the monthly average price for fuel in June is used to determine the applicable surcharge for August.
At Least |
But Less Than |
Fuel Surcharge |
US$2.80 |
US$2.86 |
28.50% |
US$2.86 |
US$2.92 |
29.00% |
US$2.92 |
US$2.98 |
29.50% |
US$2.98 |
US$3.04 |
30.00% |
US$3.04 |
US$3.10 |
30.50% |
US$3.10 |
US$3.16 |
31.00% |
US$3.16 |
US$3.22 |
31.50% |
US$3.22 |
US$3.28 |
32.00% |
US$3.28 |
US$3.34 |
32.50% |
US$3.34 |
US$3.40 |
33.00% |
US$3.40 |
US$3.46 |
33.50% |
US$3.46 |
US$3.52 |
34.00% |
US$3.52 |
US$3.58 |
34.50% |
US$3.58 |
US$3.64 |
35.00% |
US$3.64 |
US$3.70 |
35.50% |
US$3.70 |
US$3.76 |
36.00% |
US$3.76 |
US$3.82 |
36.50% |
US$3.82 |
US$3.88 |
37.00% |
US$3.88 |
US$3.94 |
37.50% |
US$3.94 |
US$4.00 |
38.00% |
US$4.00 |
US$4.06 |
38.50% |
US$4.06 |
US$4.12 |
39.00% |
US$4.12 |
US$4.18 |
39.50% |
US$4.18 |
US$4.24 |
40.00% |
US$4.24 | US$4.30 | 40.50% |