UPS announced a domestic fuel surcharge increase effective June 23, following the recent FedEx update from earlier in June. With this increase, both the UPS and FedEx Ground Fuel Surcharge will be 20%, a record high for both carriers. The previous peak was by FedEx, which reached 19.50% during mid-2022.
The Domestic Air fuel Surcharge will increase 0.75% , matching FDX Express at 18.75%.
Click below for more information on the UPS website:
For current surcharge levels, see below:
