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Express Service Fuel Surcharge
 

Overview

Globex has adopted a new index fuel surcharge table based on the monthly jet fuel prices published by the U.S. Department of Energy. This method more closely links the fuel surcharges to prevailing market prices for jet fuel, and will help our customers respond more quickly to changes in jet fuel prices in the marketplace.

Express Service – Effective Date

Fuel Surcharge

From November 3rd to November 28th 2008

28,5 %

Fuel surcharge percentages and associated trigger points are subject to change without notice. If the Fuel Surcharge rises above the maximum displayed price ranges or percentages, the below table will be updated utilizing the same calculation method.

Globex Worldwide Courier Fuel Surcharge Table

The indexed surcharge calculation is linked to the monthly rounded average of the U.S. Gulf Coast (USGC) price for a gallon of kerosene-type jet fuel as published by the U.S. Department of Energy. To view the current USGC rounded average, go to the U.S. Gulf Coast line following link U.S. Jet Fuel page.

Globex applies the industry standard of using this USGC monthly rounded average from the period two months prior to calculate the applicable fuel surcharge percentage. For example, the March 2005 fuel surcharge percentage as calculated by Globex will be based on the USGC monthly rounded average from January 2005.

How does the Fuel Surcharge work?

Jet Fuel Surcharge Table
-Jet Fuel Price (USD$/Gallon)-

At Least

But Less Than

Surcharge

 

$0.82

0.00%

$0.82

$0.86

0.50%

$0.86

$0.90

1.00%

$0.90

$0.94

1.50%

$0.94

$0.98

2.00%

$0.98

$1.02

2.50%

$1.02

$1.06

3.00%

$1.06

$1.10

3.50%

$1.10

$1.14

4.00%

$1.14

$1.18

4.50%

$1.18

$1.22

5.00%

$1.22

$1.26

5.50%

$1.26

$1.30

6.00%

$1.30

$1.34

6.50%

$1.34

$1.38

7.00%

$1.38

$1.42

7.50%

$1.42

$1.46

8.00%

$1.46

$1.50

8.50%

$1.50

$1.54

9.00%

$1.54

$1.58

9.50%

$1.58

$1.62

10.00%

$1.62

$1.66

10.50%

$1.66

$1.70

11.00%

$1.70

$1.74

11.50%

$1.74

$1.78

12.00%

$1.78

$1.82

12.50%

$1.82

$1.86

13.00%

$1.86

$1.90

13.50%

$1.90

$1.94

14.00%

$1.94

$1.98

14.50%

$1.98

$2.02

15.00%

$2.02

$2.06

15.50%

$2.06

$2.10

16.00%

$2.10

$2.14

16.50%

$2.14

$2.18

17.00%

$2.18

$2.22

17.50%

$2.22

$2.26

18.00%

$2.26

$2.30

18.50%

$2.30

$2.34

19.00%

$2.34

$2.38

19.50%

$2.38

$2.42

20.00%



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