Yamato Transport Discusses Fuel Surcharge for Corporate Deliveries Amid Oil Market Uncertainty
Transport companies including Yamato are discussing domestic fuel surcharges for corporate deliveries after fuel prices rose following the U.S. and Israeli attack on Iran and the effective blockade of the Strait of Hormuz.
japantimes.co.jpJapan's trucking industry is examining the introduction of fuel surcharges to offset higher operating costs tied to recent developments in the Middle East. The industry supports the measure as a way to address rising expenses that could increase delivery prices for customers. Uncertainty persists over the long-term effects of the Iran war on crude oil supplies.
The price and availability of engine oil, which is produced from crude oil-derived naphtha, remain unclear. Yamato announced at its April 30 briefing for the fiscal year that ended March 31 that it is discussing a domestic fuel surcharge for corporate deliveries. S.
And Israeli attack on Iran and the effective blockade of the Strait of Hormuz. The surcharge discussions reflect broader industry efforts to manage costs linked to the conflict. No timeline for implementation was provided in the announcement.
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