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The price of diesel fuel continues to
escalate rapidly. Patriot
has always taken the stand to hold-off and clearly
analyze the fuel surcharge issue and its variances.
When fuel prices are
high, Patriot must apply a fuel surcharge, on
a percent of linehaul charges to the bill.
When fuel prices are low, Patriot will reduce
the linehaul charges by a specified percent,
to compensate for the savings. Patriot was the
first Canadian transportation company to include
a reduction in its fuel surcharge schedule,
passing the savings on to you, our customers.
Due to rapidly escalating
fuel costs since May 21, 1998, Patriot Freight
Services will amend its Fuel Surcharge schedule
beginning on August 15th, 2006. Patriot will
adjust the surcharge Weekly, based on
the U.S. National Average Fuel Index of the
previous Monday. The fuel index, published by
the Energy Information Administration of the
U.S. Department of Energy, is available on the
department’s internet site (Click
here)
The surcharge is a strong component of net linehaul
charges and is based on the following table.
WHEN THE
U.S.
NATIONAL AVERAGE FUEL INDEX IS: |
When fuel price
is At Least: |
But equal or
Less Than: |
FUEL SURCHARGE
(% of Net
Linehaul Charges) |
LTL Surcharge |
Truckload
Surcharge |
- |
95 cents |
1.0% reduction |
- |
95 cents |
100 cents |
0.5% reduction |
- |
101 cents |
110 cents |
0% reduction/surcharge |
0% |
111 cents |
120 cents |
2.0% |
4.0% |
121 cents |
130 cents |
3.0% |
5.0% |
131 cents |
140 cents |
4.0% |
6.0% |
141 cents |
150 cents |
5.0% |
7.0% |
151 cents |
160 cents |
6.0% |
8.0% |
161 cents |
170 cents |
7.0% |
9.0% |
171
cents |
180
cents |
8.0% |
10.0% |
181
cents |
190
cents |
8.5% |
11.0% |
191
cents |
200
cents |
9.0% |
12.0% |
201
cents |
210
cents |
9.5% |
13.0% |
211
cents |
220
cents |
10.0% |
14.0% |
221
cents |
230
cents |
10.5% |
14.5% |
231
cents |
240
cents |
11.0% |
15.0% |
241
cents |
250
cents |
11.5% |
15.5% |
251
cents |
260
cents |
12.0% |
16.0% |
261
cents |
270
cents |
12.5% |
16.5% |
271
cents |
280 cents |
13.0% |
17.0% |
281
cents |
290 cents |
13.5% |
17.5% |
291
cents |
300 cents |
14.0% |
18.0% |
301 cents |
310 cents |
14.5% |
18.5% |
311
cents |
320 cents |
15.0% |
19.0% |
321
cents |
330 cents |
15.5% |
19.5% |
331
cents |
340 cents |
16.0% |
20.0% |
341
cents |
350 cents |
16.5% |
20.5% |
351
cents |
360 cents |
17.0% |
21.0% |
361
cents |
370 cents |
17.5% |
21.5% |
371
cents |
380 cents |
18.0% |
22.0% |
381
cents |
390 cents |
18.5% |
22.5% |
391
cents |
400 cents |
19.0% |
23.0% |
401
cents |
410 cents |
19.5% |
23.5% |
411
cents |
420 cents |
20.0% |
24.0% |
421
cents |
430 cents |
20.5% |
24.5% |
431
cents |
440 cents |
21.0% |
25.0% |
441
cents |
450 cents |
21.5% |
25.5% |
451
cents |
460 cents |
22.0% |
26.0% |
461
cents |
470 cents |
22.5% |
26.5% |
471
cents |
480 cents |
23.0% |
27.0% |
481
cents |
490 cents |
23.5% |
27.5% |
491
cents |
500 cents |
24.0% |
28.0% |
501
cents |
510 cents |
24.5% |
28.5% |
511
cents |
520 cents |
25.0% |
29.0% |
521
cents |
530 cents |
25.5% |
29.5% |
531
cents |
540 cents |
26.0% |
30.0% |
541
cents |
550 cents |
26.5% |
30.5% |
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Patriot understands the hardships
that fuel prices are having on all businesses
and commits to keeping any increases in surcharge
to a minimum. Patriot will continue to analyze
the trend in fuel costs each month, and will make
the necessary adjustments based on the table above.
Thank you for entrusting your business with Patriot.
Patriot continues to improve its communications
with its customers to ensure complete satisfaction
is achieved. We value your continued patronage.
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James L. Lavoie
President, Patriot Group of Companies |
Headquarters:455 Fenelon Blvd. Suite 304, Dorval Quebec, H9S 5T8 (514) 631-2900
4444 Eastgate Parkway, Unit 6, Mississauga, Ontario, L4W 4T6 (905) 629-3821
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