Friday, October 30, 2009

Oil Affecting Your Bottom Line - (AGAIN!)

Just a quick note…It looks like the carrier's fuel surcharges may not change much for this season's biggest shipping days. Effective 11/2/09, the surcharge decreases for air/international and stays constant for ground shipping. The ground surcharge has been inching is way up since July, and the air/international has bounced around a little. Although they don't appear to be changing much, you still loose track of 4-6% of your shipping costs if you do not account for them.

Make sure your shipping system can let you know about the total cost to ship a package, including the fuel surcharge. Our CPS shipping software notifies the user when the fuel surcharge changes and provides the option to update it for UPS packages. The fuel surcharge is automatically included for FedEx packages. Currently there is no fuel surcharge for USPS packages…I wonder if that can last?

Oil prices are really bouncing around, so keeping up with the fuel surcharge on a monthly basis is just good business.

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