(In Middle East and Africa)
TNT applies an index-based fuel surcharge to all shipments. Applicable fuel surcharge rate:
1 January 2018 - 27 January 2018 : 15.00%
3 December 2017 - 31 December 2017 : 14.25%
29 October 2017 - 2 December 2017 : 14.00%
The index-based fuel surcharge is based on the U.S. Gulf Coast (USGC) kerosene-type jet fuel spot price. It will be adjusted monthly based on a rounded average of the spot price for a gallon of kerosene-type jet fuel, as published by the U.S. Energy Information Agency (EIA). To download the latest price table from their website, click here.
Effective 1 January 2018, we have updated our fuel surcharge index table. The fuel surcharge will be adjusted monthly in line with the change in USGC kerosene-type jet fuel spot prices according to the following table:TNT's fuel surcharge will be adjusted monthly in line with the change in Dubai Fateh Crude oil spot prices according to the following scale:
Please note there will be a two-month lag in the application of the fuel surcharge index. For example, the monthly average spot price for jet fuel in April will be published during the second week of May and used to determine the fuel surcharge in June.
TNT reserves the right to change the fuel surcharge index and table without notice. Both the amount and duration of the surcharge will be determined at TNT's sole discretion. If the Fuel Surcharge rises above the maximum value or drops below minimum value, or there are changes to the trigger points, the above table will be updated.
For additional news and updates on the fuel surcharge, please check here regularly.