2025-03-18 18:15:23
UPS Implements Temporary Surcharges on China Exports 📦
Attention global shippers and e-commerce sellers! UPS has announced a new **"Peak Surcharge"** for shipments from China, Hong Kong, and Macau to key destinations, effective March 16–29. Here’s what you need to know:
📌 Key Details
Affected Regions: Shipments to the U.S., South America, Europe, Africa, the Indian Subcontinent, and the Middle East.
Cost: **0.66/kg∗∗(0.29/lb) added to base freight rates, plus fuel surcharges.
Reason: UPS cites surging demand and operational costs during peak periods, not U.S. tariffs on Chinese imports.
📈 Why Now?
Market Pressures: Explosive growth from e-commerce giants like Shein and Temu has strained air cargo capacity, flooding UPS with low-margin, high-volume packages.
Fuel Costs: Rising diesel and jet fuel prices (tracked weekly via U.S. Energy Information Agency data) further squeezed margins.
Profitability: Despite annual rate hikes (e.g., 5.9% GRI in 2025), UPS faces fierce competition in last-mile delivery, forcing reliance on surcharges to offset discounts.