Rising Fuel Surcharges Drive Up Package Delivery Costs for FedEx and UPS
ByAinvest
Sunday, Mar 22, 2026 1:32 am ET1min read
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FedEx and UPS have significantly raised fuel surcharges due to increasing oil prices amid Middle East turmoil. Fuel surcharges have become a larger portion of overall shipping costs, driving up delivery expenses for both companies. In early March, fuel surcharges accounted for up to 26% of total shipping costs, according to ShipMatrix.
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