How do you figure the fuel surcharge?

How do you figure the fuel surcharge?

Fuel Surcharge Formula Calculation Divide $0.50 by the vehicle’s four miles per gallon to get your fuel surcharge rate of $0.125 per mile. If you drove 100 miles, your customer pays an additional fuel surcharge of $0.125 multiplied by 100, or $12.50.

What is the average fuel surcharge rate?

The fuel surcharge range is between $1.50 per gallon and $7.00 per gallon.

What is a fair fuel surcharge?

A fuel surcharge is a flat rate that allows the cost of fuel to be incorporated into shipping rates in a fair manner and allows shippers to have a fixed fuel cost they can count. A fuel surcharge accounts for fluctuating fuel prices and the average cost of transporting goods.

How is a fuel surcharge calculated UK?

The base price of fuel incorporated into your current rate schedule is £1.04 pence per litre. For every £0.01 change in the price of fuel above the base rate a 0.35% increase, representing the fuel running charge will be applied.

Can companies charge a fuel surcharge?

AAA reports the national average is hovering around $4.25 a gallon. Some transportation companies have added fuel surcharges to help drivers.