Fuel

Discussion in 'Averitt Express' started by ltl lifer, Dec 16, 2013.

  1. ltl lifer

    ltl lifer Sr. Citizen & Gold Member

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    Fuel surcharges are adjusted daily and these charges are passed on to the consumer. It has ZERO effect on our bottom line. Just because they say it over and over does NOT make it true.

    TEAM MATTERS
    While prices seem to have
    stabilized for now, fuel
    remains one of the largest
    expenses for our team.
    Everything we can do to
    help improve our fuel
    economy goes a long way
    toward lowering our costs
    and growing our Profit
    Sharing Plan.
     
  2. CenturyClass

    CenturyClass Lead-side Recruit

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    Most large companies hedge ful prices and buy futures so they are not affected by the price fluctuations.
     
  3. Iceman

    Iceman Super Moderator Staff Member

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    This was explained to me several years ago, the freight rates our customer pay are based on an old rate chart that dates several years ago when fuel was less than 2.00 a gallon, so when when the industry adds a fuel surcharge to the bill is never equals or exceeds today's fuel prices. It gets us closer to the pump price but we never profit from a surcharge, the customer would never allow this, they would bail in a heart beat. That is why the surcharge is uniform with our competition. Our big accounts negotiate in a different manner due to the volume of freight they generate. And yes we do buy fuel by in bulk each day at a discount.
     
  4. ltl lifer

    ltl lifer Sr. Citizen & Gold Member

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    This was explained and you bought it. That surcharge can be a boon. Youll never convince me otherwise. I learned this years ago when I was a shirt.

    Sent from my SPH-L710 using Tapatalk
     
  5. CROCKETT

    CROCKETT Member

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    You are correct, they buy it in blocks, just don't remember how many gallons per block..
     

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