If you are trying to ship a package before Christmas this year, via ground or air, brace for some sticker shock.
Diesel fuel prices have surged over 60 percent since the end of February, while jet fuel recently hit a record high of $206 per barrel in October. In response to ongoing price spikes, global delivery giants United Parcel Service and FedEx are set to increase their fuel surcharges to record highs going into the holiday season, according to Reuters, which cited the TD Cowen/AFS Freight Index. (RELATED: Hidden Cost Of War That Trickles Down To Your Grocery Bill Set To Explode In 2027)
Read Full Article: https://dailycaller.com/2026/10/26/ups-fedex-diesel-fuel-surcharges-ground-transit-cargo-planes-iran-war-strait-of-hormuz/
