Fuel Surcharge Index

Fuel Surcharge Index is a solution designed to accurately calculate fuel surcharge rates for loads based on daily fuel prices along actual routes. Unlike traditional methods that rely on weekly national averages, this system uses real-time data from thousands of truck stops, updated every 24 hours, to ensure fairness and transparency for both shippers and carriers. It simplifies surcharge calculations, reduces administrative costs, and provides verifiable, auditable data for compliance and trust.

Features

• Accurate fuel surcharge calculation based on daily route-specific fuel prices
• Data sourced from over 5,500 truck stops, updated every 24 hours
• Neutral platform ensuring fairness for shippers and carriers
• Verifiable and auditable fuel cost data linked to shipment date and route
• Tools for calculating surcharges by lane or radius
• Ability to enter multiple stops, specify MPG, trigger points, and flat rate adjustments

Capabilities

• Provides precise surcharge rates for dedicated, irregular, or LTL routes
• Supports local operations with radius-based fuel price calculations
• Enables custom surcharge adjustments for specific operational needs
• Integrates real-time fuel pricing into load cost calculations
• Improves transparency and trust between carriers and shippers
• Reduces reliance on outdated DOE weekly averages

Benefits

• Enhances accuracy and fairness in fuel surcharge billing
• Reduces disputes and improves relationships between shippers and carriers
• Minimizes administrative effort with automated, real-time calculations
• Helps control costs by reflecting actual fuel expenses per route
• Provides compliance-ready, auditable data for financial accountability
• Supports operational efficiency and profitability