Does FedEx charge a fuel surcharge?
Does FedEx charge a fuel surcharge?
U.S. Fuel Surcharges The fuel surcharge percentage for FedEx Freight® services is based on the weekly published national U.S. on-highway average price for a gallon of diesel fuel. FedEx Express and FedEx Ground Fuel Surcharge Rates. $0.560 per lb.
What is current fuel surcharge?
http://www.eia.gov/oog/info/wohdp/diesel.asp
| At Least | But Less Than | Fuel Surcharge |
|---|---|---|
| $ 3.951 | $ 4.00 | 24.50% |
| $ 4.001 | $ 4.05 | 25.00% |
| $ 4.051 | $ 4.10 | 25.50% |
| $ 4.101 | $ 4.15 | 26.00% |
How do you calculate the fuel surcharge?
The calculation looks like this:
- Original fuel price – Updated fuel price = Difference in fuel cost.
- Difference in fuel cost / Miles per gallon = Cost per mile.
- Cost per mile x Distance travelled = Surcharge.
What is the current LTL fuel surcharge?
On 3/16/22, the fuel surcharge was changed to 46.12% for LTL and 92.24% for TL based on the national average of $5.250 per gallon, and will begin to update on Wednesdays with the current weeks National Average.
How is FedEx fuel surcharge calculated?
As one would expect, FedEx calculates their fuel surcharge based on the cost of fuel. Specifically, FedEx uses the U.S. on-highway average price for a gallon of Diesel Fuel for Ground shipments and the U.S. Gulf Coast (USGC) spot price for a gallon of kerosene-type jet fuel for Express.
How much fuel does FedEx use?
In the fiscal year of 2021, the FedEx Express segment of FedEx Corporation used around 1.43 billion gallons of jet fuel.
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