The fuel surcharge % is subject to monthly adjustment based on the fluctuation in fuel prices.
Month |
Surcharge |
June 2023 | 22.50% |
May 2023 | 25.00% |
April 2023 | 26.00% |
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$2.20 |
US$2.26 |
21.50% |
US$2.26 |
US$2.32 |
22.00% |
US$2.32 |
US$2.38 |
22.50% |
US$2.38 |
US$2.44 |
23.00% |
US$2.44 |
US$2.50 |
23.50% |
US$2.50 |
US$2.56 |
24.00% |
US$2.56 |
US$2.62 |
24.50% |
US$2.62 |
US$2.68 |
25.00% |
US$2.68 |
US$2.74 |
25.50% |
US$2.74 |
US$2.80 |
26.00% |
US$2.80 |
US$2.86 |
26.50% |
US$2.86 |
US$2.92 |
27.00% |
US$2.92 |
US$2.98 |
27.50% |
US$2.98 |
US$3.04 |
28.00% |
US$3.04 |
US$3.10 |
28.50% |
US$3.10 |
US$3.16 |
29.00% |
US$3.16 |
US$3.22 |
29.50% |
US$3.22 |
US$3.28 |
30.00% |
US$3.28 |
US$3.34 |
30.50% |
US$3.34 |
US$3.40 |
31.00% |
US$3.40 |
US$3.46 |
31.50% |
US$3.46 |
US$3.52 |
32.00% |
US$3.52 |
US$3.58 |
32.50% |
US$3.58 |
US$3.64 |
33.00% |
US$3.64 | US$3.70 | 33.50% |