Back to Feed
Tech– 0
Amazon adds fuel surcharge for online merchants
Bloomberg Tech·
Amazon is implementing a 3.5% "fuel and logistics" surcharge for sellers utilizing its fulfillment services. This move comes as global oil prices escalate due to geopolitical tensions, specifically referencing the conflict in Iran. The e-commerce giant's decision aligns with other shipping providers who are passing on increased operational costs to their customers. This surcharge will impact many online merchants who rely on Amazon's infrastructure for their product distribution and delivery.
Tickers
$AMZN
Tags
macro
logistics
Original Source
Bloomberg Tech — bloomberg.com