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-0.000621118012422338 -0.000621118012422338 -0.000238891543239424 -0.000286669851887254 -0.00140946010511222 -0.000310081223124675 -0.000907787864309593 0.00223124701385564
Stock impact report

Amazon to add 3.5% fuel and logistics surcharge for sellers as Iran war drives up energy prices [CNBC]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CNBC
The surcharge takes effect April 17, according to a notice to sellers. “Elevated costs in fuel and logistics have increased the cost of operating across the industry,” Amazon wrote in the notice. In this article An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company's busiest days, at an Amazon fulfillment center in Orlando, Florida, on Dec. 2, 2024. Amazon is adding a 3.5% “fuel and logistics-related surcharge” to fees it collects from third-party sellers who use its fulfillment services, as the war in Iran stretches into its fifth week, driving up oil prices. The surcharge will take effect on April 17, for sellers in the U.S. and Canada, the company wrote in a note to sellers on Thursday that was viewed by CNBC. “Elevated costs in fulfillment and logistics have increased the cost of operating across the industry,” Amazon wrote. “We have absorbed these increased costs so far. However, similar to other major carriers, when costs remain Show less Read more
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