Fuel Surcharge (FSC) | Shipping Term Explained | Logistics Glossary
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GLOSSARY
Fuel Surcharge (FSC)
The consignee may be charged an additional fuel surcharge in cases when the current market price of the fuel is higher than the one initially agreed upon.
What is a fuel surcharge (FSC)?
The fuel surcharge (FSC) is charged based on the current price variations on the fuel. It is usually the receiver who pays for the fuel surcharge, and the reason is to compensate for the volatility of the fuel prices. This surcharge can be applied to several transportation modes, from road freight to air freight or ocean freight transport.
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