Amazon to apply 3.5% fuel and logistics surcharge on fulfillment
Amazon said the fee will partially recover higher fuel and logistics costs, and it will add about $0.17 per unit for U.S. sellers, the company said.
- On Thursday, Amazon announced a 3.5% fuel and logistics-related surcharge on fulfillment fees for third-party sellers, effective April 17 in the U.S. and Canada.
- The war in Iran, now in its fifth week, pushed Brent crude prices up more than 6% to $107.35 per barrel, forcing logistics providers to address elevated operating costs.
- Amazon spokesperson Ashley Vanicek said the surcharge is "meaningfully lower" than levies from other carriers, adding that the company has "absorbed these increased costs so far."
- With diesel prices climbing 46% to $5.5 per gallon, the Postal Service plans an 8% temporary package shipping price hike on April 26 to align transportation costs with market rates.
- Experts are skeptical that the surcharge will be short-term, as Noah Wickham, VP at Amazon seller agency Amazon Guy, expects the company will "keep it regardless" even if fuel prices stabilize.
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Amazon spokeswoman Ashley Wanisek said the fees were introduced to partially offset rising fuel costs.
Amazon Slaps 3.5% Fuel And Logistics Surcharge On Sellers To Combat Oil Price Surge - Amazon.com (NASDAQ:
Amazon (NASDAQ:AMZN) has decided to impose a 3.5% “fuel and logistics-related surcharge” on third-party sellers availing its fulfillment services. The surcharge, which comes into effect on April 17, is Amazon’s response to the oil price surge triggered by the Iran war, now in its fifth week. Amazon clarified in a note to sellers that the surcharge will apply to those in the U.S. and Canada and will be calculated on fulfillment fees rather than t…
Amazon adding 3.5% surcharge for items sold by third-party sellers as fuel prices rise
Amazon is slapping a 3.5% fuel and logistics surcharge on third-party sellers using its platform starting later this month amid a spike in fuel prices since the war in Iran started. The temporary charge is effective April 17 for many of the sellers who use Amazon’s fulfillment services, the online behemoth confirmed to The Associated Press in an email Thursday. “Elevated costs in fuel and logistics have increased the cost of operating across the…
Your Amazon order may soon cost more. What to know about the new 'fuel surcharge'
Amazon is slapping a 3.5% fuel and logistics surcharge on third-party sellers using its platform starting later this month amid a spike in fuel prices since the war in Iran started. The temporary charge is effective April 17 for many of the sellers who use Amazon’s fulfillment services, the online behemoth confirmed to The Associated Press in an email Thursday. “Elevated costs in fuel and logistics have increased the cost of operating across the…
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