""Elevated costs in fuel and logistics have increased the cost of operating across the industry. We have absorbed these increases so far, but similar to other major carriers, when costs remain elevated we implement temporary surcharges to partially recover these costs.""
""The surcharge was meaningfully lower than surcharges applied by other major carriers. The new policy will take effect on April 17 and will impact sellers who use the company's Fulfillment by Amazon service.""
""Amazon first instituted this type of surcharge in 2022-which, not so coincidentally, was the last time crude oil traded over $100 a barrel. Today, the war in Iran has similarly rocked markets.""
The ongoing war in Iran has significantly impacted global oil markets, causing a spike in gas prices in the U.S. In response, Amazon has introduced a 3.5% fuel surcharge for sellers utilizing its Fulfillment by Amazon service. This surcharge aims to offset increased operational costs due to elevated fuel and logistics expenses. Amazon stated that the surcharge is lower than those imposed by other major carriers. The policy will take effect on April 17 and reflects similar measures taken during previous oil price surges.
Read at TechCrunch
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