Airborne Inc., Seattle, announced Friday that its subsidiary Airborne Express will increase its existing fuel surcharge because of the spike in oil prices stemming from concerns about a U.S. war with Iraq.
The fuel surcharge will increase to 5.1 percent from 4.3 percent for all express shipments moving through its transportation network, effective March 3.
The surcharge applies to all domestic, Canadian and International Express shipments, the company said.
Airborne will also increase the existing fuel surcharge for Airborne Ground and airborne@home shipments to 1.8 percent from 1.3 on the same date.
