CSXT Fuel Surcharge Will Change May 1, 2008
Released: Apr 1, 2008
Due to changing fuel cost, the CSX Transportation fuel surcharge will change May 1, 2008 as follows:
CSXT HDF/Mileage Based Fuel Surcharge
The highway diesel fuel/mileage based fuel surcharge is published in CSXT Fuel Surcharge Publication 8661 and applies to all regulated linehaul freight rates existing or established by CSXT on or after April 23, 2007. It also applies to all linehaul freight rates and charges with respect to exempt, contract, private or other pricing documents that reference CSXT Publication 8661 on or after April 23, 2007.
The CSXT HDF/mileage based fuel surcharge of 35 cents per mile, which became effective April 1, 2008, will change to 48 cents per mile for shipments having a bill of lading dated on or after May 1, 2008.
The 48 cents per mile fuel surcharge is based on the "HDF Average Price" of 388.1 cents per gallon for the calendar month of March 2008. The "HDF Average Price" is on U.S. No. 2 Diesel Retail Sales by All Sellers, as determined and published by the U. S. Department of Energy, Energy Information Administration at www.eia.doe.gov.
Following are the CSXT HDF/mileage based fuel surcharge rates for 2008:
- 35 cents per mile effective January 1, 2008
- 34 cents per mile effective February 1, 2008
- 33 cents per mile effective March 1, 2008
- 35 cents per mile effective April 1, 2008
- 48 cents per mile effective May 1, 2008
- CSXT WTI Fuel Surcharge
The CSXT WTI fuel surcharge is published in Tariffs CSXT 8100 and CSXT 8200 (Coal) and applies to all regulated common carrier linehaul freight rates and charges with respect to exempt, contract, private or other pricing documents that do not reference CSXT Fuel Surcharge Publication 8661.
The CSXT WTI fuel surcharge of 29.2%, which became effective April 1, 2008, will change to 33.2% for shipments having a bill of lading dated on or after May 1, 2008.
The 33.2% fuel surcharge is based on the West Texas Intermediate Fuel Oil (WTI) average price of $105.56 per barrel as published in The Wall Street Journal for the calendar month of March 2008.
Following are the CSXT WTI fuel surcharge percentages for 2008:
- 28.8% effective January 1, 2008
- 27.6% effective February 1, 2008
- 28.0% effective March 1, 2008
- 29.2% effective April 1, 2008
- 33.2% effective May 1, 2008
- While the fuel surcharge programs remain in effect, CSXT will provide daily updates on the price of HDF and WTI, as well as the status of the charge. Go to the Fuel Surcharge page on CSX.com.