Amazon imposes 3.5% fuel surcharge for many online merchants $AMZN
- Amazon will begin charging a 3.5% "fuel and logistics" extra to sellers who use its shipping services later this month, joining the ranks of shipping companies that are hiking rates as the war in Iran drives up oil prices.
- Customers in the United States and Canada who utilize the company's Fulfillment by Amazon service, which is used by many independent sellers who list their products on Amazon's retail sites, will be charged the costs beginning April 17th.
- Beginning May 2nd, Amazon will charge a premium for items sent on behalf of merchants selling on their own sites or at other retailers.