American global courier FedEx has adjusted its peak surcharges because of the conflict in Ukraine, a decision that includes Meisa – Middle East India Subcontinent and Africa.
Effective from yesterday, parcel, freight and track-and-trace shipment charges have all gone up.
Apart from Meisa, shipments to Asia Pacific countries (Apac), Europe and Latin America and the Caribbean (Lac) will all be costlier.
FedEx said: “Due to continued disruptions in the global supply chain, air cargo capacity remains limited. We are incurring incremental costs as we continue to adjust our international networks and operate in this constrained environment.”
The decision comes after United Parcel Service (UPS) increased surcharges from February 27 for high-demand shipments to 19 European countries from all Apac sources with the exception of China and special administrative regions of Hong Kong and Macau.
As for DHL Express, it hasn’t adjusted its surcharges but has suspended all services into and out of Ukraine and Belarus.
Inbound shipments into Russia have also been suspended.
Also, from what has been reported but not confirmed, Cargolux is said to have introduced a ‘war surcharge’ of 20 American cents per kilogram for all shipments to and from Asia.
Scan Global Logistics (SGL), which uses the Luxembourg carrier, has suspended all shipments into and out of Russia and Belarus until March 18.
SGL added that it was monitoring developments of fuel surcharges as announced by several airlines mooting price hikes on the back of soaring oil costs
