Fuel surcharges in Europe


TNT applies an index-based fuel surcharge to all shipments. It is based on the spot price for U.S. Gulf Coast (USGC) kerosene-type jet fuel (as published by the US Energy Information Administration here).

Week

Weekly Price

Dollar per Gallon

Fuel surcharge

All services


In the past, this fuel surcharge has been adjusted monthly. Effective January 1, 2019, the TNT fuel surcharge will be adjusted on a weekly basis according to the following table: 

TNT Europe

Price Range

Dollar per Gallon

Fuel surcharge

There will be a two-week lag in the application of the fuel surcharge index. For example, the surcharge for January 21, 2019, was based on the average spot price reported for January 11. Changes to the fuel surcharge are effective each Monday. Information on the fuel surcharge for each week will be available approximately the Friday before the surcharge is applicable.

For the weeks of December 31, 2018 – January 6, 2019, and January 7, 2019 – January 13, 2019, TNT had an additional 1-week lag between fuel prices and the fuel surcharge. TNT may use a longer lag when the fuel price posted on eia.gov is delayed.

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 this page regularly.
 


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