Jul 09, 2024 at 12:38 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Don’t want anybody to give away their trade secrets here but I’m curious how some of y’all arrive at a specific fuel surcharge rate. For instance, I’ve seen one individual I’ve pulled for charge a 45 cent per loaded mile fuel surcharge. I watched that rate fluctuate anywhere from 70 cents to 30 cents depending on fuel price. But I haven’t been able to figure out how they are arriving at that specific rate and also what formula they use to adjust it in relation to fuel prices. I need to bid a job and it’s gonna have a built in fuel surcharge but I want it to be bulletproof and have some actual mathematics behind it to where it simply follows the price at the pump regardless of how high or low it is instead of just being a random shot in the dark. Or are folks just shooting a figure that seems workable to them and it doesn’t really have a formula to support it?
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Replied on Tue, Jul 09, 2024 at 02:44 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Fuel surcharge is posted on the DOE website and based on the prior weeks fuel prices. Here's the link for the DOE fuel surcharge website. Hope this helps. https://www.eia.gov/petroleum/gasdiesel/ |
Replied on Tue, Jul 09, 2024 at 03:03 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Sorry, I added the wrong link, here's the link I use... https://cheeseman.com/tools/fsc |
Replied on Tue, Jul 09, 2024 at 03:39 PM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
Hey that’s a great chart. Thanks for that. Didn’t know anything about that.
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Replied on Thu, Jul 11, 2024 at 11:47 AM CST
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Posted by a private BulkLoads.com member.
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Posted by a private BulkLoads.com member.
OOIDA also has a fuel surcharge calculator on their website. |