Are courier costs going up with the current oil crisis?
Often prices rise on the 1st of the month.
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Callum Community Superuser
Hello wiw. Depends which courier you mean.
The NZpost Variable Fuel Rate (VFR) is calculated 2 monthly in arrears. It will be increasing from 2.9% to 6.2% on May 1st
NZcouriers calculate weekly and is at 17.70%
Aramax is currently at 34.00%
If you mean the general yearly price increases for casual users they usually happen on July 1, with a lag of a few weeks or months on Trade Me Book a Courier. Places like ishipping, vertical logistics, pass the parcel, and all the other agents out there also generally follow the July 1 increases. Some are able to hold their prices for a bit longer after the increases are announced.
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Passthe parcel are usually an Oct/ Nov annual price increase. However, my guess is as they have no FAF compontent, they may well raise the prices earlier this year to reduce their reduce in margin
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