economy
Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices
With the Iran war now in its fifth week, Amazon said it's adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada.
TL;DR
- Amazon is adding a 3.5% fuel and logistics surcharge for third-party sellers in the U.S. and Canada.
- The surcharge will take effect on April 17.
- Rising oil prices, influenced by the war in Iran, are cited as the reason for increased operational costs.
- The surcharge will be applied to fulfillment fees, not the sale price of items.
- Amazon states the surcharge is "meaningfully lower" than those from other major carriers.
- Other companies, including UPS, FedEx, and the U.S. Postal Service, have also implemented fuel surcharges.