Rates are crashing and fuel to the moon!

Discussion in 'Ask An Owner Operator' started by Kenworth6969, Mar 3, 2022.

  1. Opendeckin

    Opendeckin Medium Load Member

    Joined:
    May 20, 2018
    Messages:
    467
    Thanks Received:
    1,298
    0
    I have a variable fuel surcharge based on 5mpg built into my contract. The more fuel goes up the more I make.
     
    Rideandrepair Thanks this.
  2. ElmerFudpucker

    ElmerFudpucker Road Train Member

    Joined:
    May 17, 2024
    Messages:
    6,441
    Thanks Received:
    70,798
    0
    But so does fuel cost. Making more doesn’t necessarily equate to keeping more. And a fuel surcharge by definition is variable.
     
  3. DUNE-T

    DUNE-T Road Train Member

    Joined:
    May 10, 2015
    Messages:
    7,021
    Thanks Received:
    17,080
    Location:
    Detroit, MI
    0
    If oil goes up to $150-200, I am afraid retail fuel prices will be way higher than we saw during last decade.
     
    Rideandrepair and Siinman Thank this.
  4. D.Tibbitt

    D.Tibbitt Road Train Member

    Joined:
    Apr 26, 2013
    Messages:
    22,297
    Thanks Received:
    153,385
    Location:
    Gettin' down westbound
    0
    No. It hasn't barely gotten below 4.00 out west... fuel goes up 20 percent the foreigners will raise rates by 2 pennies to compensate. And they will go on a diet from eating 2 grains of rice per day to only 1 grain.
     
  5. Opendeckin

    Opendeckin Medium Load Member

    Joined:
    May 20, 2018
    Messages:
    467
    Thanks Received:
    1,298
    0
    Since my truck gets over 6mpg and the fuel surcharge is based on 5mpg I wind up making and keeping more when fuel goes up. I was happy as a clam with $5 diesel. Not to mention all the cash back i get on my 2.5% cash back credit card when paying for $5 diesel.
     
    Rideandrepair Thanks this.
  6. ElmerFudpucker

    ElmerFudpucker Road Train Member

    Joined:
    May 17, 2024
    Messages:
    6,441
    Thanks Received:
    70,798
    0
    How much is your fsc at 3.0 fuel? And at 3.50 fuel?
     
  7. Born2win

    Born2win Light Load Member

    Joined:
    Aug 28, 2022
    Messages:
    112
    Thanks Received:
    293
    0
    Mot a shot it goes near that high
     
    Rideandrepair Thanks this.
  8. Born2win

    Born2win Light Load Member

    Joined:
    Aug 28, 2022
    Messages:
    112
    Thanks Received:
    293
    0
     
    Rideandrepair Thanks this.
  9. Born2win

    Born2win Light Load Member

    Joined:
    Aug 28, 2022
    Messages:
    112
    Thanks Received:
    293
    0
    Not a shot..
     
    Rideandrepair Thanks this.
  10. abyliks

    abyliks Road Train Member

    Joined:
    May 2, 2010
    Messages:
    4,027
    Thanks Received:
    9,480
    Location:
    ludlow MA
    0
    Back to $5 a gallon will be the final kick in the dick for the economy, there will be nothing left to haul