FREIGHT COMPANIES AND FUEL SURCHARGES

Fuel surcharges have been with us for many months as the cost of diesel and gasoline has fluctuated. Currently, it appears that the cost of diesel fuel is dropping. What about the surcharge?

We did some research and this is what we found. The base line for assessing the surcharge is $1.15 per gallon of diesel. This is determined, not by local charges, but by the national average determined by the DOE. The current national charge is $1.24 per gallon. If prices continue to drop as they have been recently, once the rate gets to $1.15 or less, the surcharge will be eliminated.

UPDATE

National Average for Diesel Fuel as of December 1^st 2001 $1.194

National Average for Diesel Fuel as of January 31, 2001 to $1.216

National Average for Diesel Fuel as of March 19, 2002 to $1.251

National Average for Diesel Fuel as of June 1, 2002 to $1.34

National Average for Diesel Fuel as of September 1, 2002 to $1.31

National Average for Diesel Fuel as of December 2, 2002 to $1.40

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