SPOTLIGHT NEWSLETTER

Increase of Fuel Surcharge

For the past months, the global jet fuel and crude oil prices have continued to steadily increase. The U.S. Gulf Cost Kerosene-Type Jet Fuel Spot Price further rose from $1.85 per gallon in February 2018 to $2.02 per gallon in April, a +9.2 percent increase. The current jet fuel high is expected to continue for the 2018 summer schedule.

As a result, DHL Global Forwarding has received increases in the fuel surcharges of our airline partners, which will be reflected in an increase in DHL Global Forwarding’s own Standard Fuel Surcharges, effective May 31, 2018:

                                                               Fuel Surcharges
 Service        Currency         Current Rate         New Rate           Effective Date     

 

U.S. International Airfreight

 

     USD        1.10       1.2    May 31, 2018
U.S. to Australia      USD        1.20       1.35    May 31, 2018

 

U.S. to Central America, Mexico and Caribbean      Air Freight

 

     USD        1.05       1.05    Oct. 23, 2017
U.S. to South America Airfreight
     USD        1.27       1.37    May 31, 2018

These increases will be applicable to all customers with rates based on the Standard Fuel Surcharge and shipments to the destinations in scope.

We will continue to work with our airline partners to keep rates at a competitive level. Should the fuel surcharges of our carriers reduce, we will make downward adjustments accordingly. Thank you for your understanding and continued support.

If you have any questions, please contact your local sales representative for more information.