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Formerra Adds Surcharge Amid Freight Market Strain
The performance materials distributor cites rising costs across the logistics sector.
Mar. 26, 2026 at 7:15am
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Formerra, a leader in performance materials distribution, announced the implementation of a $350 per delivery transportation surcharge to address continued cost escalation across the Americas freight and logistics market. The surcharge will take effect on April 1, 2026.
Why it matters
The freight and logistics industry has faced elevated costs driven by factors like rising diesel prices, evolving regulatory requirements affecting driver availability, tighter trucking capacity, and increasing operating expenses. These pressures are expected to persist, forcing companies like Formerra to adapt in order to maintain reliable service for customers.
The details
Formerra cited the freight and logistics market's continued experience of elevated costs driven by rising diesel prices, evolving regulatory requirements affecting driver availability, tighter trucking capacity, and increasing operating expenses across the logistics sector. Industry forecasts indicate these pressures will persist for the foreseeable future.
- The surcharge will take effect on April 1, 2026.
The players
Formerra
A leader in performance materials distribution.
Tom Kelly
The CEO of Formerra.
What they’re saying
“Maintaining reliable service for our customers requires us to adapt to sustained shifts in the transportation landscape. This surcharge is necessary to address these industrywide cost pressures that are outside of our control while continuing to provide the high service levels customers expect from Formerra.”
— Tom Kelly, CEO
The takeaway
Formerra's surcharge highlights the ongoing challenges facing the freight and logistics industry, as companies are forced to pass on rising costs to customers in order to maintain operations and service levels.
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