UPS to Raise Its Fuel Surcharge to 1.5%
From Bloomberg News
Package delivery firm United Parcel Service Inc. is set to raise its fuel surcharge by one-quarter of a percentage point today because of an increase in the U.S. index to which it’s pegged.
Atlanta-based UPS will increase the surcharge to 1.5% from 1.25%, spokesman Norman Black said. UPS’ fuel levy is based on the U.S. Average On-Highway Diesel Fuel Price Index, he said.
The surcharge applies to domestic and international transportation rates.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
