What is current fuel surcharge?

What is current fuel surcharge?

http://www.eia.gov/oog/info/wohdp/diesel.asp

How do you calculate the fuel surcharge?

The calculation looks like this:

1. Original fuel price – Updated fuel price = Difference in fuel cost.
2. Difference in fuel cost / Miles per gallon = Cost per mile.
3. Cost per mile x Distance travelled = Surcharge.

What is the current LTL fuel surcharge?

On 3/16/22, the fuel surcharge was changed to 46.12% for LTL and 92.24% for TL based on the national average of $5.250 per gallon, and will begin to update on Wednesdays with the current weeks National Average.

How do you negotiate a fuel surcharge?

Consider the market price of fuel One solution is to negotiate fuel surcharges directly with your carriers to bring the overall costs down. If you can get one carrier to offer a discount on your fuel surcharge, you can use that to negotiate with other carriers.

What is your fuel threshold amount?

Fuel Surcharge Range Calculation For example, say you decide the surcharge applies when the price of fuel reaches $3.00 a gallon. This is the threshold or baseline amount, above which your surcharge takes effect. You charge an additional 4 percent when the fuel price is between $3.01 to $3.25 a gallon.

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.

How is 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.