Author: Archive

DHL, FedEx and UPS raise their fuel-related surcharges in China as of June, in a move to offset the increasing operational costs resulting form soaring oil prices in the international market since 2005. DHL-Sinotrans, Brussels-based DHL’s China joint venture, lifted fuel surcharges from 11.5% to 13.5% today, while the two US tycoons FedEx and UPS each announced an increase from 13.5% to a record high of 15%, which will come into effect on June 5. In stark contrast, Express Mail Service (EMS), the express service arm of state-run China Post, did not announce any markup on fuel surcharges or any change in service charges.