Fuel Surcharge Statement

 

 

Fuel Surcharge for each shipment is assessed on the net freight charge, in accordance with the fuel surcharge percentage. It applies to services:

  • Standard Express and Economy Express shipments for WEU Export and Import trade lanes.
  • Fuel surcharge percentage after discount is available for credit account customers that enjoy freight charges discount.

 

Fuel surcharge percentage will apply according to which region the payment made in. Please refer to below table for the details.

 

Effective Period

International Fuel Surcharge Rate

Asia-Pacific Regions(except Taiwan)

Taiwan Region

American and European Regions

2020.2

12.75%

10.50%

8.25%

2020.1

12.25%

10.00%

7.75%

2019.12

12.50%

10.25%

8.00%

 

 

Example: 

If freight is GBP 100 and fuel surcharge percentage is 13%, then the fuel surcharge is calculated as below: 

GBP 100×13% = GBP 13.00 (rounded to two decimal places)

Total freight charge=freight + fuel surcharge, the total freight charge that shall be paid by customer is GBP113.00.

 

 

 

 

Remark:

  1. The percentage of fuel surcharge is adjusted each month and becomes effective on the 1st day of each month, and the fuel surcharge rate is subject to those published on SF’s official website;

  2. The percentage of fuel surcharge is based on the U.S. Gulf Coast (USGC) price for kerosene-type jet fuel published by the U.S. Energy Information Administration (EIA) two months earlier. For example, the rate applied in June 2019 is based on the rounded figure of the (USGC) Jet Fuel Price published by the EIA in April 2019; Please refer to EIA's (USGC) Jet Fuel Prices on EIA's website below (https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EER_EPJK_PF4_RGC_DPG&f=M );

  3. The fuel surcharge table will be updated, if the (USGC) Jet Fuel Price is out of cover of the above table;

  4. S.F. Express reserves the right to change the fuel surcharge with or without prior notice. Both the amount and duration of the surcharge will be determined at S.F. Express’ sole discretion;

  5. S.F. Express reserves the right to change or terminate the offer and the offer period.