If you've noticed your delivery or travel costs creeping up, you're not alone. What you might not realize is how much of that extra cost is tied to something called a fuel surcharge, and it's impacting everything from your Amazon order to your next flight.
Fuel surcharges are trending because global events and rising oil prices are making transportation significantly more expensive for businesses.
The war in Ukraine, OPEC+ production cuts, and post-pandemic demand surges have pushed crude oil prices higher.