What is the current fuel surcharge rate?
What is the current fuel surcharge rate?
http://www.eia.gov/oog/info/wohdp/diesel.asp
| At Least | But Less Than | Fuel Surcharge |
|---|---|---|
| $ 1.551 | $ 1.60 | 0.50% |
| $ 1.601 | $ 1.65 | 1.00% |
| $ 1.651 | $ 1.70 | 1.50% |
| $ 1.701 | $ 1.75 | 2.00% |
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 national fuel surcharge calculated?
This is where knowing your fuel mileage comes in. Once you know the fuel mileage, then the fuel surcharge is simply $1.00 per gallon divided by your truck’s miles per gallon. If your truck gets five mpg, then the fuel surcharge would be $1.00 / 5 mpg = $0.20 per gallon or 20 cents per gallon.
How do you calculate fuel surcharge per hour?
The calculation looks like this:
- Original fuel price – Updated fuel price = Difference in fuel cost.
- Difference in fuel cost / Miles per gallon = Cost per mile.
- Cost per mile x Distance travelled = Surcharge.
How are surcharges calculated?
Deduct the sales tax fee for the product (if it is a taxable item) based on the tax rate for the state where you purchased the item. If the sales tax rate is 7 percent, the sales tax fee in this example is $0.21 ($3 times . 07). The total amount of the credit card surcharge is $2.00 less $0.21 or $1.79.
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.
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.
How do you work out fuel levy?
Set “Current Fuel Price per Litre” to today’s price e.g. $1.40. Click calculate. Fuel Levy is calculated as 9.72% with a current price of $1787.11….To work out your Base Rate Fuel Percentage use in the Truck Operating Cost Calculator:
- Set the fuel price to $1.00.
- Set the fuel rebate price to $0.16500.
- Press Calculate.
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