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Express Service Fuel Surcharge

Overview:
Professional International 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.

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.

Effective Date FSC Percentage
 Saturday, July 1, 2017  25 % 
 Wednesday, June 1, 2016  25 % 
 Sunday, May 1, 2016  25 % 
 Friday, April 1, 2016  25 % 
 Tuesday, March 1, 2016  25 % 
 Monday, February 1, 2016  25 % 
 Friday, January 1, 2016  25 % 
 Tuesday, December 1, 2015  25 % 
 Sunday, November 15, 2015  25 % 
 Sunday, November 1, 2015  25 % 
 Thursday, October 1, 2015  25 % 
 Tuesday, September 1, 2015  25 % 
 Saturday, August 1, 2015  25 % 
 Wednesday, July 1, 2015  25 % 
 Monday, June 1, 2015  25 % 
 Friday, May 1, 2015  25 % 
 Tuesday, March 31, 2015  25 % 
 Sunday, March 1, 2015  29 % 
 Sunday, February 1, 2015  29 % 
 Thursday, January 1, 2015  29 % 
 Monday, December 1, 2014  29 % 
 Saturday, November 1, 2014  29 % 
 Wednesday, October 1, 2014  29 % 
 Monday, September 1, 2014  29 % 
 Friday, August 1, 2014  29 % 
 Tuesday, July 1, 2014  29 % 
 Sunday, June 1, 2014  29 % 
 Thursday, May 1, 2014  29 % 
 Tuesday, April 1, 2014  29.5 % 
 Saturday, March 1, 2014  29.5 % 
 Saturday, February 1, 2014  29.5 % 
 Wednesday, January 1, 2014  28.5 % 
 Sunday, December 1, 2013  30 % 
 Friday, November 1, 2013  30 % 
 Tuesday, October 1, 2013  30 % 
 Sunday, September 1, 2013  29 % 
 Thursday, August 1, 2013  28 % 
 Monday, July 1, 2013  24.5 % 
 Saturday, June 1, 2013  25.5 % 
 Wednesday, May 1, 2013  26.5 % 
 Monday, April 1, 2013  28.5 % 
 Friday, March 1, 2013  27.5 % 
 Friday, February 1, 2013  26.5 % 
 Tuesday, January 1, 2013  26.5 % 
 Saturday, December 1, 2012  28 % 
 Thursday, November 1, 2012  28.5 % 
 Monday, October 1, 2012  28 % 
 Saturday, September 1, 2012  26.5 % 
 Wednesday, August 1, 2012  25 % 
 Sunday, July 1, 2012  26 % 
 Friday, June 1, 2012  27.5 % 
 Tuesday, May 1, 2012  27.5 % 
 Sunday, April 1, 2012  27 % 
 Thursday, March 1, 2012  26.5 % 
 Wednesday, February 1, 2012  25 % 
 Sunday, January 1, 2012  26 % 
 Thursday, December 1, 2011  26 % 
 Tuesday, November 1, 2011  26 % 
 Saturday, October 1, 2011  26 % 
 Thursday, September 1, 2011  27 % 
 Monday, August 1, 2011  26.5 % 
 Friday, July 1, 2011  26.5 % 
 Wednesday, June 1, 2011  28 % 
 Sunday, May 1, 2011  27 % 
 Friday, April 1, 2011  25 % 
 Tuesday, March 1, 2011  23.5 % 
 Tuesday, February 1, 2011  22.5 % 
 Saturday, January 1, 2011  21.5 % 
 Wednesday, December 1, 2010  21 % 
 Monday, November 1, 2010  20 % 
 Friday, October 1, 2010  20 % 
 Wednesday, September 1, 2010  20 % 
 Sunday, August 1, 2010  20 % 
 Thursday, July 1, 2010  20 % 
 Tuesday, June 1, 2010  20 % 
 Saturday, May 1, 2010  20 % 
 Monday, March 1, 2010  19 % 
 Monday, February 1, 2010  19 % 
 Friday, January 1, 2010  18 % 
 Sunday, November 1, 2009  18 % 
 Tuesday, September 1, 2009  16 % 
 Saturday, August 1, 2009  17.5 % 
 Wednesday, July 1, 2009  15 % 
 Monday, June 1, 2009  14 % 
 Friday, May 1, 2009  13 % 
 Friday, April 3, 2009  14 % 
 Sunday, March 1, 2009  19 % 
 Wednesday, February 25, 2009  19 % 
 Sunday, February 1, 2009  19 % 
 Thursday, January 1, 2009  19 % 


Professional International 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.
PICPL applies the industry standard of using this USGC monthly rounded average from the period two months prior to calculate the applicable fuel surcharge percentage. Fuel surcharge percentage as calculated by PICPL will be based on the USGC monthly rounded average.

The jet fuel price index is as an average of the five most important spot markets - Rotterdam, Mediterranean, Far East Singapore, US-Gulf and US-Westcoast.

PICPL Express Fuel Surcharge Index Table
The Index table is revised effective Jan 2008
Rotterdam (ARA) spot price of kerosene jet fuel (USD/Gallon)Surcharge
At Least But less than  
$0.00 $0.60 0.00%
$0.60 $0.64 0.50%
$0.64 $0.68 1.00%
$0.68 $0.72 1.50%
$0.72 $0.76 2.00%
$0.76 $0.80 2.50%
$0.80 $0.84 3.00%
$0.84 $0.88 3.50%
$0.88 $0.92 4.00%
$0.92 $0.96 4.50%
$0.96 $1.00 5.00%
$1.00 $1.05 5.50%
$1.05 $1.10 6.00%
$1.10 $1.15 6.50%
$1.15 $1.20 7.00%
$1.20 $1.25 7.50%
$1.25 $1.30 8.00%
$1.30 $1.35 8.50%
$1.35 $1.40 9.00%
$1.40 $1.45 9.50%
$1.45 $1.50 10.00%
$1.50 $1.56 10.50%
$1.56 $1.62 11.00%
$1.62 $1.68 11.50%
$1.68 $1.74 12.00%
$1.74 $1.80 12.50%
$1.80 $1.86 13.00%
$1.86 $1.92 13.50%
$1.92 $1.98 14.00%
$1.98 $2.05 14.50%
$2.05 $2.12 15.00%
$2.12 $2.20 15.50%
$2.20 $2.28 16.00%
$2.28 $2.36 16.50%
$2.36 $2.44 17.00%
$2.44 $2.52 17.50%
$2.52 $2.60 18.00%
$2.60 $2.68 18.50%
$2.68 $2.76 19.00%
$2.76 $2.84 19.50%
$2.84 $2.92 20.00%
$2.92 $3.00 20.50%
$3.00 $3.08 21.00%
$3.08 $3.16 21.50%
$3.16 $3.24 22.00%
$3.24 $3.32 22.50%
$3.32 $3.40 23.00%
$3.40 $3.48 23.50%
$3.48 $3.56 24.00%
$3.56 $3.64 24.50%
$3.64 $3.72 25.00%
$3.72 $3.80 25.50%
$3.80 $3.88 26.00%
$3.88 $3.96 26.50%
$3.96 $4.04 27.00%
$4.04 $4.12 27.50%
$4.12 $4.20 28.00%
$4.20 $4.28 28.50%
$4.28 $4.36 29.00%
$4.36 $4.44 29.50%
$4.44 $4.52 30.00%

The changes in fuel prices have resulted in increased costs for the air express industry globally, necessitating the implementation of fuel surcharge to be levied on shipments. The fuel surcharge will vary in 0.5% steps and will be updated on a monthly basis according to the following scale. The fuel surcharge will be applied to the net invoice amount of each shipment.