SF Holdings-owned SZSE:301558 courier SF Express will add HK$1 ($0.1277) per package for documents sent locally in Hong Kong and Macau as part of a temporary fuel surcharge adjustment starting on Monday, it said in a statement.
The move was in "response to the recent sharp fluctuations in global fuel prices caused by the international situation," the statement said.
Surcharge applies to local deliveries in Hong Kong and Macau
International tensions impact oil prices, affecting logistics costs
Monthly credit account clients are exempt from the surcharge
SF Express to monitor oil price trends for future adjustments
SF Express previously had no surcharge for local shipments under 2.5kg
($1 = 7.8285 Hong Kong dollars)