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Surcharge Help

Discussion in 'Ask An Owner Operator' started by cathyinmaine, Jul 13, 2008.

  1. Jul 13, 2008 #1
    cathyinmaine

    cathyinmaine Bobtail Member

    8
    1
    May 29, 2008
    Maine
    0
    I know there's a long explanation for figuring surcharge. Can someone help me figure it out if I give the numbers? We have 1261 miles, with fuel at $4.899 a gallon. 2 fill ups, one for $981. 29 and the other for $982.87. We are supposed ot get back 100% of the surcharge along with $1.10 a mile. Can anyone help figure this or give me an idea of what we're looking at for a paycheck? Thanks so much!!!!
     
    cathyinmaine, Jul 13, 2008
    cathyinmaine, Jul 13, 2008
    #1
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  3. Jul 14, 2008 #2
    Native Dancer

    Native Dancer Heavy Load Member

    978
    3,259
    Dec 28, 2007
    Portland, Or.
    0
    Fuel surcharge should be $.60-.65/milex1261 miles=$756.60-819.65 + (1261x$1.10)=$1387.1+ FSC= $2143.7-2206.75
     
    Native Dancer, Jul 14, 2008
    Native Dancer, Jul 14, 2008
    #2
  4. Jul 14, 2008 #3
    cathyinmaine

    cathyinmaine Bobtail Member

    8
    1
    May 29, 2008
    Maine
    0
    Thank You! When you figured out the surcharge, did you subtract $1.15 from the gallon price? I keep reading to subtract that, don't understand why. I did that, then divided by 6 (est. mpg) and got .62, then I took that times 1261 and got 781.82 plus the miles and ended up with 2168.92. Very close to what you got. Just wondering if I did that right and if that's how to do it. ThankYou very much for your help, I sincerely appreciate it!
     
    cathyinmaine, Jul 14, 2008
    cathyinmaine, Jul 14, 2008
    #3
  5. Jul 14, 2008 #4
    Redrider

    Redrider Light Load Member

    190
    61
    Mar 30, 2008
    boonville,nc
    0
    u figure .01 for every .05 over 1.35 per gallon,so at 4.50 it would be 0.63 per milethats how i do it anyway.hers another way 1.35-4.50=3.15 divided by 5 = 0.63hope it helps.or look at the department of energy website for fuelsurcharge that they post.the load boards i subscribe to also shows weekly surcharge amount
     
    Redrider, Jul 14, 2008
    Redrider, Jul 14, 2008
    #4
    Markvfl Thanks this.
  7. Jul 14, 2008 #5
    7mouths2feed

    7mouths2feed "Family Man"

    1,186
    464
    Nov 29, 2007
    Jacksonville, AR
    0
    The amount subtracted from the per/gl price is the cost of doing business. For example a mechanics tools, cake decorators electricity...... This should be factored into your Cost Per Mile {CPM} baseline figures along with all other exspenses {payments, ins. plates, permits/fees, maint. fund, etc.....}
    There was a bill in congress to standardize this but of course the oil barons, brokers, and large companies (that buy fuel in bulk) had it shot down.

    When figuring your CPM I would figure it for worst case $1.50 base and 6mpg...

    My reasearch has shown that no one has a set figure to calculate FSC. I have seen drivers base range from $1.10/gl to $1.50 and milage calculated from 5.0mpg to 6.0 mpg. You need to ask the person you haul for what figures they use to calculate FSC.

    The formula is $/gal - base = shipper responsibility /MPG's= FSC/mi

    EXAMPLE:

    ?$4.90? -?$1.50?= $3.40/?6?= $.56/mi FSC
     
    7mouths2feed, Jul 14, 2008
    7mouths2feed, Jul 14, 2008
    #5
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