Shipping that new bike to your niece this holiday season will cost more than it did last year if you’re using UPS: the company announced that it’s upping the fees it charges customers to ship large, oversized packages as well as raising fuel surcharges on those items.
It makes sense for a business or a government service to impose a fuel surcharge During a time when fuel prices are rising out of proportion to the rest of the economy. What about when fuel prices are falling, though, as they are right now? A trash pickup customer in Modesto, California dared to ask that question, and got…a pretty reasonable answer, actually. [More]
What’s funny about math is that sometimes when you take a close look at it, it can tell you a lot about who’s doing the calculating. Fuel surcharges added to ticket prices by airlines have increased twice as fast in the last year as the actual fuel prices they’re supposed to be compensating for. So can you really call them fuel surcharges or just extra charges tacked on to make a dollar off travelers?
Fuel surcharges can add hundreds of dollars to the cost of a flight, a fact that travelers trying to buy tickets on Continental’s website weren’t finding out until after they had selected their itinerary. That’s why the Depart of Transportation has slapped the airline with a $120,000 fine.