Speaking of which, I am rather P.O.'d at UPS. I ship tons of packages through UPS every month. This summer they imposed a 1.5% fuel surcharge back when the prices went up. Now prices are lower than they have been in years, but UPS still imposes that surcharge! Now I hear they are raising rates again in January. What gives?
If they are like my company, we could not react fast enough to recover the costs as they spiked upward literally within hours at one point.
Although I lowered the surcharge,to 2%, it will still take something like 6 months at current rates to recover the costs I absorbed when prices initially went up.
When most companies operate on less than 5% net profit, there is no room to eat any costs such as fuel, taxes, and the cost of regulation compliance. As usual, the consumer is the one who pays in the end.