Friday, February 25, 2011

Middle-East and Oil

Clients,

Well as we have all seen, the direct impact on the troubles in Libya have spilled over to us at the gas pump.  I know it is affecting us all.  Already, FedEx has shown some increases in fuel costs for overnight shipments.  If the current trend continues, I will unfortunately be forced to charge a Trip Fee Fuel Surcharge.  This will be applied to any Trip Fee or any Trip, even if Trips are covered under a Cycle Management.  If the price for fuel rises to $4/gallon, I will institute a $5 fee.  Let us hope the political unrest in Libya is humanely dealt with and that country and people can move forward, lending to greater stability in the energy markets of the world.

Take care.