Fuel Surcharge
Information
Effective September 1, 2005, all shipments will be subject to an adjustable fuel surcharge. This rate will be calculated the first Tuesday of each month and the percentage will be based on the U.S. Retail Gasoline Prices set by the U.S. Department of Energy.
The rate will be calculated by taking the average cost of fuel today (-) the average cost of fuel in January 2005 (/) by the average miles per gallon a small to mid-sized vehicle can travel.
Formula
((Retail_Gasoline - 1.97) / 11)