Amazon to increase 3rd-party seller fees for holidays amid rising costs
Global News
From Oct. 15 to Jan. 14, sellers will be hit with an average fee of $0.35 per item sold using Amazon's fulfillment services in the U.S. and Canada.
Amazon is raising charges on third-party sellers again — this time adding a holiday fee for merchants who use the company’s fulfillment services to pack and ship items to customers.
From Oct. 15 to Jan. 14, sellers will be hit with an average fee of $0.35 per item sold using Amazon’s fulfillment services in the U.S. and Canada, according to a notice the company sent to merchants Tuesday.
It’s the second fee hike imposed on merchants this year by the online retail behemoth. In April, the company added a 5 per cent “fuel and inflation” surcharge to offset rising gas costs and inflation, which is running close to its highest level in four decades.
To use Amazon’s fulfillment services, merchants already have to pay a fee that varies based on an item’s size, weight or category.
In the notice sent Tuesday, Amazon noted the holiday season increases fulfillment and logistics costs due to the volume of shipments being transported. The company said it previously absorbed these cost increases. But seasonal expenses were now “reaching new heights,” it said.
“Our selling partners are incredibly important to us, and this is not a decision we made lightly,” the company said.
CNBC first reported on the hike in fees.
Holiday pricing adjustments are not novel to Amazon. Last week, the U.S. Postal Service said it filed a notice to implement a temporary price hike to cover extra handling costs during the holiday season.
Putin’s endorsement of the new nuclear deterrent policy comes on the 1,000th day after he sent troops into Ukraine, on Feb. 24, 2022.
Nearly 2,200 layoff notices went to workers in Washington and another 220 in South Carolina, the two states where Boeing builds commercial airliners.
The deadly haze covered monuments and high-rise buildings in the capital of New Delhi, with visibility so low that airlines warned of delays.
The death is being investigated by federal authorities but "the preliminary cause" has been ruled an accident.
The incident took place more than a month ago, on October 13, but it wasn't reported until the British tabloids got wind of the story.
Health officials said Saturday they have confirmed the first U.S. case of a new form of mpox that was first seen in eastern Congo.
Washington is easing limits on what Ukraine can strike with U.S.-made weaponry, U.S. officials told The Associated Press on Sunday.
Ukraine plans to conduct its first long-range attacks in the coming days, sources said, without revealing details due to operational security concerns.
Concerns storm surges could raise water levels between one and three feet above ground level as Tropical Storm Sara makes landfall in Belize.
Air defenses could be heard engaging drones over Kyiv in the night, and a series of powerful blasts rang out across the city as the missile attack was under way in the morning.
John Kirton, head of the G20 Research Group, says the forum is the main tool countries have to prepare for the second Donald Trump presidency.