Amazon to Charge Merchants 5 Percent Surcharge for US Fulfillment Services as Fuel Costs Rise
Amazon on Wednesday said it will impose an average 5 percent fuel and inflation surcharge on merchants to warehouse and ship their products in the United States, in response to rising costs.It is Amazon's first such surcharge and follows months of higher wage and labour-related expenses that have chipped away at the online retailer's profit.Effective April 28, Amazon will charge an average 24 cents more per unit it stores and ships through its Fulfillment by Amazon (FBA) service. The surcharge, which is not permanent, is…