Stat’s Incredible: Two Fuelish Reasons Why Your Parcel Prices Are Still Increasing

Man fueling up a freight truck

Are you hot under the collar about parcel carriers’ continuing price increases? It’s probably not because of the weather. Check out these uncool findings about fuel surcharges – and their effect on parcel costs – from the latest release of the TD Cowen/AFS freight index.


Increase in the jet fuel index since 2021


Increase in UPS’s and FedEx’s fuel surcharges during the same time period


Increase in the diesel fuel index since 2021


Increase in FedEx’s and UPS’s fuel surcharges during the same time period


Increase in average billed weight per package for Express Parcel delivery in Q1:2024


Increase in Ground Parcel cost per package in Q1:2024

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