Diesel fuel surcharge calculator. Mileage: Enter the total mileage for the freight trip.

Diesel fuel surcharge calculator Enter the current fuel surcharge rate as a percentage. EIA cannot tell you how to calculate a fuel surcharge. << Enter the LoadID Number and Click Go! Apr 9, 2024 · Each Monday the EIA posts the National U. State Miles Miles% Avg. Enter the Base Fuel Price: Input the predetermined baseline price for fuel. Fuel Surcharge Index is an easy to use system that creates fairness and simplifies fuel surcharge calculations. Calculate the per mile surcharge: Most companies begin imposing a fuel surcharge when the price of fuel goes above $1. The fuel surcharge calculator helps you calculate the additional fuel surcharge based on your fuel price, current surcharge rate, distance, and vehicle’s fuel efficiency. For example, if diesel fuel prices rise by $1. The following table specifies the percentage Fuel Surcharge to be applied based on diesel fuel cost per gallon: How to Calculate a Fuel Surcharge. Current Diesel Price: Enter the current price per gallon. If a Fuel Surcharge is justified it will apply to shipments picked up the ensuing Wednesday through the following Tuesday. 99: State Breakdown. ” How to Use the Fuel Surcharge Calculator. To start off, the trigger point (base rate) is subtracted from the daily retail price of fuel along a specific lane (route) to determine the “cost in excess of trigger. Fuel Efficiency: Enter the vehicle's fuel efficiency in miles per gallon (mpg). org utilizes many data points including, routing, mapping, input from customers and fuel price information gathered from many sources. Factors Influencing Fuel Surcharge Rates This has been worked into three easy-to-understand surcharge translation tables, for LTL CNWY 190 and Volume Shipment Pricing and CNWY SCP 190. Fuel Surcharge Index. With rising diesel prices, integrating an accurate surcharge can significantly aid in managing operational costs in the transportation sector. A fuel surcharge calculator for calculating your the fuel surcharges in your trucking business based on baseline fuel price and MPG. If the price has increased, this will lead to the fuel surcharge. Mileage: Enter the total mileage for the freight trip. Rate Adjustments are based on the national average diesel fuel price as published on the first Monday of the month (or the first business day after a Monday if the Monday falls on a Federal holiday) by the Department of Energy (DOE), Energy Information Administration (EIA) located at: Sep 16, 2024 · How do I calculate diesel fuel surcharges? The U. 14: State Breakdown. We get our information on the fuel prices from the official OK Oliecentrale website. section below will be the easiest way to explain. For instance, you can determine: ‍ The type of fuel surcharge calculation you use – Some companies calculate fuel surcharge rates using ratio-based calculations, while others use percentage-based calculations. A. You can get the latest prices here. OK Oliecentrale displays all diesel prices per 100 litres. 49/gallon Taxes Distribution & Marketing Refining Crude Oil 17% 20% 8% 56% 17% 22% 13% 48% Data source: U. gc. It offers neutrality for shippers and carriers, low-cost of administration, verifiable/auditable data and a direct link to the day and route of a load The fuel surcharge is an additional surcharge on top of the transport base rate. 25%, and the actual cost of the fuel surcharge will be $0. 50 after reviewing their cost of operations, but the average diesel fuel price increased to $5. To properly explain how Fuel Surcharge Index. May 6, 2022 · The fuel price change is the updated diesel costs at the time of shipment. Looking for daily retail diesel fuel prices along an Interstate? With this tool you can actually calculate the diesel fuel surcharge along the complete length of an Interstate. The volume fuel surcharge will apply to any shipment with an actual weight of 15,000 pounds or more. Diesel Fuel Surcharge Calculations - Interstate. With Fuel Surcharge Index, shippers and carriers can get the exact fuel surcharge. 10 (standard industry benchmark price). It offers neutrality for shippers and carriers, low-cost of administration, verifiable/auditable data and a direct link to the day and route of a load . Just input the following data: Select Interstate; Specify MPG; Enter CPG Adjustment (Cost Per Gallon) – if needed Jan 22, 2025 · Estes' fuel surcharge is based on the U. 29. To effectively calculate a fuel surcharge, certain tools and a clear understanding of the process are essential. Average diesel fuel price. The method you choose to calculate your << Change options and click Calculate! Fuel Surcharge: $197. It offers neutrality for shippers and carriers, low-cost of administration, verifiable/auditable data and a direct link to the day and route of a load Oct 12, 2024 · How is the Fuel Surcharge Calculated? To calculate a fuel surcharge, use the surcharge formula or a calculator provided by the delivery company. OOIDA’s Fuel Surcharge Calculator helps you know what to add per mile to your all-in rate in order to make up for the increase in fuel prices. 1. Changes to the surcharge will be effective on Monday of each week. Dept. Jan 20, 2025 · Each week, a new fuel surcharge takes effect. 10 per mile. It is dependent on the taxation and fuel price of each month. Q. Determining a diesel fuel surcharge in trucking is fairly easy. Enter the fuel price per gallon. Baseline Diesel Price: Enter the baseline price of diesel per gallon your company uses to calculate surcharges. For example, if the base rate of fuel is $2. Energy Information Administration, Gasoline and Diesel Fuel Update Nov 17, 2022 · Aside from that, you can decide how and when you will implement your fuel surcharge rates. Use our chart to calculate the current surcharge. org works, we think that the F. Rates and select value-added services are subject to the applicable fuel surcharge in effect at the time and place Aug 17, 2005 · Assumes your truck gets an average 5 miles per gallon, and that a fuel surcharge per gallon is the difference between the average fuel price in your region and $1. 2. It offers neutrality for shippers and carriers, low-cost of administration, verifiable/auditable data and a direct link to the day and route of a load Having a problem getting the truck cost calculator to correlate with the fuel levy calculator? It is most likely because you included the fuel rebate in the Truck Operating Cost but didn’t in the Fuel Levy Calculator – so deduct the fuel rebate from the “Current Fuel Cost” value in the fuel levy calculator. A fixed surcharge per mile can be applied, which increases or decreases based on changes in diesel fuel prices. Essential Tools for Calculation Nov 15, 2024 · This method links the surcharge to changes in diesel fuel prices, adjusting the surcharge for each mile driven. USTRANSCOM FUEL SURCHARGE (FSC) TABLE . How it works: If an owner-operator sets their fuel price baseline at $2. Energy Information Administration (EIA) does not calculate, assess, or regulate diesel fuel surcharges. 02/gallon Diesel December 2024 Retail price: $3. Input the Current Fuel Price: Provide the latest market fuel price. It offers neutrality for shippers and carriers, low-cost of administration, verifiable/auditable data and a direct link to the day and route of a load << Change options and click Calculate! Fuel Surcharge: $830. This fuel surcharge fluctuates based on the price per litre (cents) of diesel fuel (without GST) reported on the previous Thursday by the Freight Carriers Association of Canada (FCAC). Knowing how to calculate fuel surcharges helps customers stay informed about the delivery price without worrying about unexpected fees. The surcharge will be based on the Weekly Average Nov 30, 2023 · To calculate the surcharge cost, based on the chart above, take the percentage listed in line with the current base rate of fuel. How Diesel Fuel Surcharges in Trucking Work Using FuelSurchargeIndex. ca) Fuel Surcharge Table Canada Weekly Average Retail Diesel Fuel Price (CAD/Litre) Intelcom uses an index-based surcharge that is adjusted weekly. ‍How to Use a Fuel Surcharge Calculator. Add Mileage or Shipment Weight: Include distance or weight details as needed. w/o Tax With Fuel Surcharge Index, shippers and carriers can get the exact fuel surcharge. w/o Tax How Fuel Surcharge Calculations Work - FAQ. 10 per gallon. 2 days ago · Download image What we pay for in a gallon of: Regular Gasoline December 2024 Retail price: $3. 82, the fuel surcharge rate is 10. Fuel surcharges are negotiated privately by shippers and by transportation companies. Instructions. 25, you would enter… Oct 2, 2024 · You’ll need three numbers to calculate fuel surcharge: fuel baseline price, average miles per gallon (also known as your fuel consumption), and average price of diesel fuel at the time the shipment is made. org. 00 per gallon, the surcharge may increase by $0. of Energy's National Average On-Highway Diesel Price. – see Example 2. S. How to Calculate Fuel With Fuel Surcharge Index, shippers and carriers can get the exact fuel surcharge. Weekly Average Retail Prices for Diesel in 2022 | Natural Resources Canada (nrcan. kkk kzbscgfo xaqbfk vuzz knqyrs twxqh vxrw oic yppsuw euxzif