Fuel surcharge

RECENT NEWS
The Australian  Feb 26  Comment 
QANTAS appears unlikely to make more reductions in its fuel surcharges on tickets despite the slide in world oil prices.
Channel News Asia  Feb 12  Comment 
Fuel surcharges for various sectors will see decreases of between US$5 (S$6.80) and US$83 (S$113) respectively.
Japan Today  Jan 27  Comment 
Qantas Airways Ltd said Tuesday it will raise base ticket prices to compensate for the axing of a separate fuel surcharge, pushing back against calls for the airline industry to lower fares in the wake of falling oil prices. The Australian...
WA Business News  Jan 27  Comment 
Qantas has cut fuel surcharges on its international flights in a move that will save frequent flyers money but won't reduce fares.
Clusterstock  Jan 26  Comment 
SYDNEY (Reuters) - Qantas Airways Ltd said on Tuesday it is restructuring its international tariffs to absorb fuel surcharges into base fares, adding that lower oil prices put airlines in a better position to invest in new aircraft, lounges and...
The Australian  Jan 26  Comment 
The Australian  Jan 21  Comment 
THE heat is on Qantas to address the plummeting cost of fuel after Virgin Australia today announced it was scrapping its last fuel surcharge.
Wall Street Journal  May 2  Comment 
FedEx said it would raise its freight-delivery fuel surcharge for some deliveries and next year start charging for ground delivery based on package volume for all packages.
The Hindu Business Line  Apr 15  Comment 
No frills airlines SpiceJet and IndiGo today merged fuel surcharge with the base fares, saying it would simplify the prevailing fare structure.Before this, an air ticket of domestic airline...




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A generally accepted pratice of trucking companies charging customers a base rate plus a variable rate that fluctuates with the cost of fuel. If Oil Prices are rising, then this will bump the final amount charge to customers by the transportation company. This will have the effect of boosting revenue for the trucking company and adding expense to the shipping customer.

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