Fuel surcharge what is

The new regulation limits sulphur oxide emissions, meaning that a more expensive fuel will need to be used by operators. Passenger Cars and Motorhomes cannot travel on our freight ferry services. If you are travelling by van, please choose the relevant 'Van' option from the dropdown Vehicle menu.

Need Help? Contact Call Back. Open today - Office Closed. Don't have an account? Create an Account. Basket: Your basket is empty. The Freight Ferry People. Knowledge Centre. My Account. Search by Routes. Search by Country. Search by Operators. Eurotunnel Freight. Open a Freightlink Account. Latest Fuel Surcharges. Knowledge Centre About Us. Contact Us. Signup for our Newsletter. Terms and Conditions.

Useful Documents. Covid Forms. My Account My Account Dashboard. Booking Quotes. Saved Vehicles. Track and Trace. Change Password. Mobile Devices. Payment Methods. Account Details. Marketing Preferences. Services Customs Clearance with CustomsLink. Freightlink PAY. Freightlink Port Pass Generator. Freightlink Reload. If applicable, a fuel surcharge will appear on your Flexport quote or invoice as a destination charge. A trucking fuel surcharge is typically charged as a percentage of the base trucking cost.

An air fuel surcharge is typically charged based on chargeable weight. LTL Less than Truckload. FTL Full Truckload. However, they returned again in the late '90s when diesel prices rose sharply. Each carrier has its own formula for calculating surcharges. That flat fee was based on the total linehaul charge and caused massive overpaying by shippers of high-value goods. It was later abandoned. Today, these are often based on an average mile per gallon and the national average price of diesel.

This Index collects retail pricing information from fuel stations throughout the United States, and creates a national average. Part of the confusion surrounding fuel surcharges comes from the fact that not all carriers use the same information to arrive at their numbers. For instance, some rely on a separate EIA program that determines average retail prices based on regional geography, as opposed to national averages.

There is no uniform way of calculating fuel taxes as companies use their own formula. Most carriers have information on how they determine the fuel overcharge on their website.

For example, UPS uses an index-based surcharge that is adjusted monthly and is based on the National U. The relevant national fuel average can be tracked on the U. Another, less popular method of calculating is based on a percentage from load price. No federal administration regulates a fuel surcharge policy.

Each shipper and carrier individually negotiate and set the policy in contracts. The carrier may have stated a flat surcharge for their drivers, but much higher surcharge prices for shippers — so they could pocket the difference.

Shippers should know that surcharge money will actually be passed to drivers.