UPS Air Cargo Implemented a Fuel Price Index (FPI)

Tue, 12 Apr 2011Posted by Ghost

As previously announced, UPS Air Cargo implemented a Fuel Price Index (FPI) methodology based on the weekly average price per gallon of Kerosene Type Jet Fuel in the U.S. Gulf Coast spot market. Fule surcharges increase or drease whenever the FPI passes certain thresholds for two consecutive weeks. Increasing jet fuel prices over the past two weeks have caused UPS Air Cargo to increase fuel surcharge (FSC)

In keeping with our tradition of providing our customers with an advanced notification of FSC adjustments, please be advised that effective 16 January 2011 UPS Air Cargo will increase FSC.

The fuel surcharge in effect on 16 January 2011 for Singapore origin freight will be as follows:

NEWS

UPS Air Cargo Implemented a Fuel Price Index (FPI)(2 May 2011)

Fuel Surcharge Adjustment Effective 01 Feb 2011(27 Apr 2011)

Flight Schedule Changes(20 Apr 2011)

UPS Air Cargo Implemented a Fuel Price Index (FPI)(12 Apr 2011)