I hear ya LOADIT.

$.70 + $.40 = go buy yer own truck buddy.

 

Go higher! please!

At $4.80 a gallon, the FSC pays MY ENTIRE FUEL BILL!

 

At 4.80 a gallon there might not be much freight to haul except fuel. I know I've cut back on play money and will cut back further the more I have to spend on fuel.

 

For the sake of us newbies can you explain what FSC is and how it works?

 

The fsc (fuel surcharge) is a means to provide some stability to rapidly fluctuating fuel prices. It is designed to fix the price the owner pays for his fuel. It will vary from one company to another, but seems to lie somewhere between keeping prices between $1.19-1.29/gallon. Prices are currently adjusted weekly based upon the national fuel index which comes out on Mondays. Using the lower figure of $1.19 and assuming fuel is at $3.59/gallon you subtract the base price of $1.19 from $3.59 = $2.40. This is the difference between the current price of fuel and the base price. If the carrier uses 6 mpg as their base then you divide the mpg rate (6 mpg) into the difference ($2.40) and the result is $0.40/mile fsc. If the carrier uses 5 mpg then the fsc is $0.48/mile. The entire fsc should go to the person who owns the truck. Some brokers and carriers are not passing all of the fsc along to the owner. Not all shippers pay the fsc. It can also vary from one shipper to another. But this is how most calculate their fsc. Some will use a percentage of the line haul rate. In order to be accurate, you need to find what the shipper or carrier uses for the base rate.