How Do You Figure Fuel Surcharge?

Just numbers
load pays 4000 on 600 miles and you get 90%
4000X.90 3600
With fsc
600x.42 =252
4000-252= 3748x.90= 3373.20 +fsc252= 3625.20
If the carrier doesn't break it down they get an extra 25.00 on the load, every load, all year
The more miles, the more they make that should be yours.

 

Youre still misunderstanding i think

For easy numbers. Ill use 1 $ base, 4$/ gal total fuel and 10 mpg on a 5000$ load rolling 1000 miles at 80%

If 1$ base is in the load portion, they can pay 100% fsc at 30 cpm on 1000 = 300$
300 +4700*.8 = 4060$

If no base rate used

Its fsc 100% =400$ +.8×4600 = 4080


The key here is how you define the baserate, which concievably may not be called part of the fsc, its misleading that way, but understandable how it could be interpreted that way.

 

Base has nothing to do with the rate, it's where the fsc starts to be applied. If the fsc is .01 per .05 rise in fuel above the base(1.00-1.15) then 4.00/gal the fsc is .57/mile

 

Best way to describe it is that the fsc is designed to give the truck the same constant price of fuel. A gain/loss from it has no bearing.

 

You are refusing to acknowledge the possibility that it may be being miscalculated in application or interpreted in any other way than it is SUPPOSED to be.

 

Guess i don't understand exactly what your saying.

 

It is much easier to give a flat rate for the load

 

I'm paying above $4 per gallon.

Okay. Was I doing it all wrong all this time? As an owner operator should be adding a surcharge to cover fuel on loads already booked for an agreed rate?
Is that allowed or common practice?

 

If you are talking a contracted rate, then you should establish a base rate with your customer + fuel surcharge. Fuel goes up...they gotta pay more, has to be that way

 

Why bother with base? It is not required. (Unless the customer requires it)

State contract as fsc adjustment on monthly basis