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How To Calculate Fuel Surcharge Per Mile
How To Calculate Fuel Surcharge Per Mile. Miles per gallon (mpg) = 6 mpg. There are three main important elements to calculate the fuel surcharge:
Major account customers however have individually negotiated surcharges which may differ from those illustrated below. To use the formula to calculate your fuel surcharge, subtract your fuel threshold amount from the actual price per gallon and divide that amount by vehicle's miles per gallon. There are other ways in which companies may calculate fsc rates, but no matter, the basic principal applies to create a value based on the increase and decrease of the cost of diesel fuel.
Original Fuel Price — Updated Fuel Price = Difference In Fuel Cost Difference In Fuel Cost / Miles Per Gallon = Cost Per Mile Cost Per Mile X Distance Traveled = Surcharge
Line haul rpm + fuel surcharge = total rate per mile (rpm) $1.50 + $.33 = $1.83. From approximately 25 to 40 litres per 100 kilometres travelled, depending on vehicle carrying capacity, freight density and distance travelled. You need two values to accurately calculate your business’ fuel surcharge fees.
Here Is How A Fuel Surcharge Is Calculated:
There are other ways in which companies may calculate fsc rates, but no matter, the basic principal applies to create a value based on the increase and decrease of the cost of diesel fuel. To use the formula to calculate your fuel surcharge, subtract your fuel threshold amount from the actual price per gallon and divide that amount by vehicle's miles per gallon. Using these calculations, if the mileage base rate in a contract is $1.50 plus the fuel surcharge, the carrier would be paid $2.00/mile based on the current price of fuel.
When The Doe (Department Of Energy) National Fuel Index National Average Falls Into One Of The Following Categories, A Fuel Surcharge Will Be Added To The Net Charges On A Single Shipment.
But you will have a second line on the invoice that says fuel surcharge for november (calculated off of average october fuel prices) 4% b/l xxx 21.00 t @ $25.00 $525 fuel surchage $525.00 @ 4.0% $21 total $546 Some use a 5 cent ratio or a 6 cent ratio. 215 rows fuel surcharge chart.
From 22Nd June 2009 We Started Adjusting Our Fuel Surcharge Every Month Based On The Average Of The Previous Month's Costs.
This is the overall fuel surcharge. Distance travelled = 1,000 miles. How to calculate an accurate fuel surcharge 1.
When Companies Use A Percentage Fuel Surcharge, Lanes With High Rates Per Mile (Typically Over $1.50) Will Tend To Move More Than They Should As The Price Of Fuel Fluctuates.
The general formula for how to calculate a fuel surcharge depends on three key variables: The fuel surcharge is $3.00 divided by 6 = $0.50 per mile. Miles per gallon (mpg) liters per 100 km (l/100 km) kilometres per liter (km/l) liters per mile.
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