UPS Ground 30.00% est.FedEx Ground 30.50%Nov. 10, 2026
Fuel

Fuel Surcharge vs. Diesel Price: Why the Percentage Moves

The diesel index is not the parcel fuel surcharge. How carrier table changes raise the surcharge at the same fuel price, and how to read moves in percentage points.

Short answer. The diesel price is an input; the fuel surcharge is the carrier’s output from its own table. When a carrier changes the table, as UPS did on Nov. 2, 2026 and FedEx on Nov. 9, 2026, the surcharge can rise with no change in diesel. Always compare surcharges in percentage points, and keep the index and the surcharge in separate columns.

Two different numbers

The U.S. Energy Information Administration publishes a weekly on-highway diesel price. Carriers map that price to a ground fuel surcharge percentage using their own published tables (air services use a jet fuel index). The index is in dollars per gallon; the surcharge is a percentage of your charges. They should never share a column.

Table changes

Carriers revise the tables themselves. UPS changed its domestic tables effective Nov. 2, 2026 and FedEx effective Nov. 9, 2026. UPS also announced domestic fuel surcharge changes effective March 9, 2026 and April 13, 2026 on ups.com. A table change can add a fraction of a point at the same diesel price. On every $1 million of fuel-assessable charges, each 1 percentage point is $10,000 before any fuel discount.

Use percentage points

If a surcharge moves from 29.25% to 30.50%, it rose 1.25 percentage points, not 1.25%. The relative increase is 4.3%. This site always reports differences between surcharge percentages in percentage points.

Track it weekly

The fuel tracker records each week’s UPS and FedEx percentages, labels each as carrier-published, estimated or stale, and keeps every past week unchanged.

Caveats.
  • Figures are published list amounts before discounts, calculated from the dataset on the date shown.
  • General information, not legal or financial advice. No savings are promised.

Questions

Why did my fuel surcharge rise when diesel fell?

Most often because the carrier changed its fuel table, or because the base-rate increase raised the charges fuel is applied to.

Want a second set of eyes on your accessorial terms?

Contract Optimizer reviews UPS and FedEx agreements line by line, including accessorial discounts, minimums and demand terms. Results vary by contract; no savings are promised.

Data notice. Figures are published list amounts we transcribe from public UPS and FedEx documents. They can contain errors and are provided as is; we are not responsible for errors or omissions. Confirm with the carrier before relying on any figure. How we get our data · Disclaimer · Report an error