AIRBORNE EXPRESS TO ADD FUEL SURCHARGE

AIRBORNE EXPRESS TO ADD FUEL SURCHARGE

   Airborne Express said Monday it will raise its fuel surcharge an additional 1 percent, effective Oct. 16, bringing the surcharge up to 4 percent for all domestic, Canadian and international express shipments.

   The surcharge applies to shipping charges only and will not affect the cost of other services, such as weekend deliveries or accessorial service

   Airborne's move follows moves by FedEx in April and United Parcel Service in August, to raise fuel surcharges to offset skyrocketing fuel prices.

   “Airborne held off making any pricing modifications trusting that fuel prices would stabilize,” said Carl Donaway, Airborne's president. “Unfortunately, the price of fuel has still not peaked, which forces us to implement this additional surcharge.”