Amazon to slap a 3.5% surcharge on third-party sellers as Iran war drives up fuel prices
finance.yahoo.com • • business
Key Points:
- Amazon will implement a temporary 3.5% fuel and logistics surcharge on third-party sellers using its platform starting April 17, due to increased fuel prices linked to the war in Iran.
- The surcharge applies to sellers using Amazon’s fulfillment services in the U.S. and Canada, with additional sellers using Buy with Prime and Multi-Channel Fulfillment options affected from May 2.
- Amazon stated it has absorbed rising fuel and logistics costs so far but is now introducing the surcharge to partially recover expenses, emphasizing the fee is lower than those of other major carriers.
- The company reaffirmed its commitment to supporting sellers and maintaining a wide selection and low prices for customers despite the surcharge.
- This move aligns Amazon with other carriers imposing similar surcharges amid ongoing energy cost increases related to geopolitical tensions.
