jaminjim
Veteran Expediter
Nope just the majority of their drivers.oh, i was under the impression all carriers were non profit organizations
Nope just the majority of their drivers.oh, i was under the impression all carriers were non profit organizations
Thanks Moot.
My comment was more to point out that the reply given to Phil's question missed the mark. I think we all know what the intent of Phil's question was. IMO it was to broaden the discussion to include a discription/definition of a structured fuel surcharge for "noobs" that may be lurking or afraid to jump in and ask. I do not believe he asked due to a lack of knowledge on his part, making Dave's response foolish and condecending.
As this thread has continued a good bit of usefull information has been provided for those that may not have had a solid grasp on how FSC work.
Unless Panther has changed the formula...
$ National Avg - $1.25, Divided by 11 MPG for a cargo van.
$3.96 - $1.25 = $2.71
$2.71 divided by 11 = 24.6 cents.
Top of the EO page shows National Average to be $3.94. In that case, $3.94 - $1.25 = 2.69 / 11 = 24.4 cents.
Thanks Moot.
My comment was more to point out that the reply given to Phil's question missed the mark. I think we all know what the intent of Phil's question was. IMO it was to broaden the discussion to include a discription/definition of a structured fuel surcharge for "noobs" that may be lurking or afraid to jump in and ask. I do not believe he asked due to a lack of knowledge on his part, making Dave's response foolish and condecending.
As this thread has continued a good bit of usefull information has been provided for those that may not have had a solid grasp on how FSC work.
Have I mentioned recently that I love Landstar!
I have never heard the term "structured fuel surcharge" before.
Do not give me more credit than I deserve. Sometimes I pretend to be ignorant and sometimes I really am.
The key to being successful at Panther is learning their system and their rules, because that's what they go by. Learn to make their system and rules work (hereafter known collectively as "stupidity") for you, instead of you working for them. They do things that will seem, and are... stupid. Embrace the stupidity. Learn the stupidity. Be the stupidity. Once you are One with the stupidity you can use their own stupidity against them to your advantage. If you can do that, you will be successful. If you cannot do that, if you fight the stupidity, you will not succeed and you will have mostly negative things to say about Panther.
The initial purpose of a fuel surcharge was to help offset erratic spikes in fuel prices. A carrier could institute a f.s.c. rather than constantly changing their published tariffs. Today it seems many carriers are using the fuel surcharge not only to offset the price of fuel but as a profit enhancer.
$1.25/gallon for diesel fuel is a common baseline price that a typical f.s.c. will bring the national average price down to. This week the national average for diesel fuel is $3.96/gal. and $3.59 for regular gasoline. I run a gasoline powered van that averages over 16 mpg. My f.s.c. is based on the price of diesel and I believe 12 mpg. If I were paying the national average of 3.59/gal. for gas, my actual price per mile would be about .22, so the f.s.c. is paying for all my loaded miles with a few cents extra.