fuel math

Discussion in 'Ask An Owner Operator' started by tkr2hrt, Jul 8, 2008.

  1. tkr2hrt

    tkr2hrt Bobtail Member

    24
    4
    Mar 27, 2007
    Victorville,California
    0
    I'd please like to know how do o/o or L/O
    what is the formula to figure out fuel surcharge please
    thank you
     
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  3. Eskimo6804

    Eskimo6804 Heavy Load Member

    816
    3,344
    Jun 13, 2007
    Northeast Alabama
    0
    Just do a search for "fuel surcharge" in the search box at the top of this forum. I know it has been explained on several occassions by several people, including myself on here.
     
  4. Truckerjo

    Truckerjo Road Train Member

    2,314
    341
    Sep 5, 2006
    Indiana
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    Simply go to Google and type in "how to calculate fuel surcharge" (without the " " ) it will come up with several sites that will explain how to do this.. Some sites even give you links to other sites that will show you how to get the average price of fuel in the area your picking the load up in...

    I would post them but they have advertisements, and that is not allowed here in this forum...
     
  5. TX_Proud

    TX_Proud Light Load Member

    208
    54
    Jan 2, 2007
    Houston, TX
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    Best rule of thumb is $.01 FSC for every $.05 increase in the price of fuel. But you first have to draw a line in the sand to determine your starting base price of fuel.
     
  6. 7mouths2feed

    7mouths2feed "Family Man"

    1,186
    464
    Nov 29, 2007
    Jacksonville, AR
    0
    TX is right I have seen base price range from $1.10/gl to $1.50/gl depends who is doing the figures Also base mpg's is different from 5.5 mpg to 6.0mpg. Friend of mine with his own authority sets his at a flat 52% of the load.


    If you figure by the mile for worst case scenario it works like this.......

    you subtract $1.50 base from average fuel price (lets use $4.75/gl) = $3.25

    divide that by mpg's 6 3.25/6= gives you $0.54/mi FSC

    Hope this helps.
     
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