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GLOSSARY

Fuel Surcharge

An additional fee added to freight shipments when the cost of fuel exceeds the current average, or to account for rapidly fluctuating costs.
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What is Fuel Surcharge?

According to the Energy Information Administration (EIA), a fuel surcharge is designed for freight carriers, delivery companies, and shippers as a means of reimbursing the carrier for the cost of the fuel they must expend to ship the item. 

Fuel surcharges will depend on a number of different factors. When fuel prices rise suddenly, they may also be added to what would otherwise be considered contract prices. Distance, unexpected route changes, and other factors may also play a role.

Visit our comprehensive freight resources blog for expert advice in truckload shipping. We cover the most important and relevant educational shipping information to get you seamless and cost-savings operations.

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8 Questions Answered about Truckload Fuel Surcharge

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