Understanding fuel surcharges in freight costing
When you think of the transportation industry, fuel prices often come to mind. It's the invisible hand that juggles costs, impacts bottom lines, and keeps supply chain professionals awake at night. Enter the fuel surcharge—a vital tool for keeping freight moving smoothly even when diesel prices skyrocket. But what exactly is a fuel surcharge, and how can you use it to your advantage? Let’s break it down and explore how to navigate fuel surcharge programs effectively, whether you're negotiating contracts or looking for smarter ways to streamline your supply chain.
January 07, 2025