Fuel Surcharge
Current Surcharge
February 15, 2010 - February 19, 2010LTL (Less Than Truckload): 16.0 %
TL (Full Truckload): As quoted
Future Surcharge
February 22, 2010 - February 26, 2010LTL (Less Than Truckload): 17.0 %
TL (Full Truckload): As quoted.
What is a fuel surcharge?
All CEVA Ground ground services are subject to a fuel surcharge ("FSC"). The FSC shall be determined by reference to the "Weekly Retail On-Highway Diesel Prices" report ("DOE Diesel Report") as published by the Energy Information Administration ("EIA") agency of the United States Department of Energy ("DOE").
Should the report location (URL) change, the updated report URL from the Energy Information Administration website located at http://www.eia.doe.gov shall be used.
How is the fuel surcharge calculated?
CEVA Ground will determine the applicable surcharge for our RFS and LTL service based on the DOE Diesel Report's national average price ("DOE Price") released each Monday Beginning Monday, August 25th, 2008, the fuel surcharge will be updated weekly. The effective period will be from Monday of the succeeding week through the next Sunday. This policy will allow CEVA Ground and our customers to respond to changes in fuel prices in the marketplace. CEVA Ground reserves the right to modify the effective periods based on market conditions and stability.
Please refer to the CEVA Ground System Surcharge Table for a complete listing of the applicable surcharge percent upcharges based on the Diesel Report National Average Price ranges.
Fuel surcharges for Select Load and Select Fleet services will apply as agreed, contracted or quoted.
