Effective 05/01/2006
In the event that a fuel surcharge should become
necessary, the following base price and formula shall be used
to calculate the actual fuel surcharge increase:
Base fuel price of $1.15 per gallon.
Formula
(A) DOE Self
Service Diesel Fuel Price including Taxes each Monday (Tuesday will be used
if Monday is a holiday)
(B) Base Price of Fuel ($1.15 per gallon)
(C) Average miles per gallon fuel consumption (5.0 miles per gallon)
(A minus B) divided by C = Fuel Surcharge in cents per loaded mile, rounded to the nearest whole cent.
Review (adjustments) will be made each Monday based upon the DOE Index posted that day, and will be applied on all shipments loaded on or after that date until the next adjustment. In the event of a holiday on Monday, the DOE Index for Tuesday will be used and will apply on all shipments loaded on or after that Tuesday.
Application; for simplicity in application, the following table reflects the above formula:
|
Fuel Surcharge Calculator |
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|
Base Price |
$1.15 |
|
|
|
|
Fleet Mpg |
5 |
|
|
|
| Fuel Surcharge | ||||
| $/gallon | $/gallon |
|
$/mile | |
| $1.176 | to | $1.225 |
|
$0.01 |
| $1.226 | to | $1.275 |
|
$0.02 |
| $1.276 | to | $1.325 |
|
$0.03 |
| $1.326 | to | $1.375 |
|
$0.04 |
| $1.376 | to | $1.425 |
|
$0.05 |
| $1.426 | to | $1.475 |
|
$0.06 |
| $1.476 | to | $1.525 |
|
$0.07 |
| $1.526 | to | $1.575 |
|
$0.08 |
| $1.576 | to | $1.625 |
|
$0.09 |
| $1.626 | to | $1.675 |
|
$0.10 |
| $1.676 | to | $1.725 |
|
$0.11 |
| $1.726 | to | $1.775 |
|
$0.12 |
| $1.776 | to | $1.825 |
|
$0.13 |
| $1.826 | to | $1.875 |
|
$0.14 |
| $1.876 | to | $1.925 |
|
$0.15 |
| $1.926 | to | $1.975 |
|
$0.16 |
| $1.976 | to | $2.025 |
|
$0.17 |
| $2.026 | to | $2.075 |
|
$0.18 |
| $2.076 | to | $2.125 |
|
$0.19 |
| $2.126 | to | $2.175 |
|
$0.20 |
| $2.176 | to | $2.225 |
|
$0.21 |
| $2.226 | to | $2.275 |
|
$0.22 |
| $2.276 | to | $2.325 |
|
$0.23 |
| $2.326 | to | $2.375 |
|
$0.24 |
| $2.376 | to | $2.425 |
|
$0.25 |
| $2.426 | to | $2.475 |
|
$0.26 |
| $2.476 | to | $2.525 |
|
$0.27 |
| $2.526 | to | $2.575 |
|
$0.28 |
| $2.576 | to | $2.625 |
|
$0.29 |
| $2.626 | to | $2.675 |
|
$0.30 |
| $2.676 | to | $2.725 |
|
$0.31 |
| $2.726 | to | $2.775 |
|
$0.32 |
| $2.776 | to | $2.825 |
|
$0.33 |
| $2.826 | to | $2.875 |
|
$0.34 |
| $2.876 | to | $2.925 |
|
$0.35 |
| $2.926 | to | $2.975 |
|
$0.36 |
| $2.976 | to | $3.025 |
|
$0.37 |
same formula will apply if fuel levels exceed above table.
