2025 MOW Spending Report: Passenger-rail programs
Gardner steps down as Amtrak CEO
Guest comment: Oliver Wyman’s David Hunt
Women of Influence in Rail eBook
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry
Stay updated on news, articles and information for the rail industry
railPrime
RAIL EMPLOYMENT & NOTICES
Rail News Home
Mechanical
Rail News: Mechanical
CSX Intermodal's monthly fuel surcharge is about to go up again. On June 7, the company will begin adding a 5.9 percent surcharge to shippers' bills — a 0.3 percent increase compared with May's 5.6 percent surcharge.
CSXI previously applied fuel surcharges of 4.9 percent, 4.5 percent, 4.5 percent, 3.7 percent and 3.6 percent in April, March, February, January and December, respectively.
CSXI adjusts its monthly surcharge the first Monday of each month based on the difference between the U.S. Department of Energy's (DOE) price index the previous Monday (in this case, June 7) and $1.10. CSXI calculates the percent difference between the DOE's "Retail Diesel Fuel Price Index" and $1.10, multiplies the figure by 10 percent and then again by 100. On May 31, DOE reported a diesel retail price of $1.75 per gallon.
The 5.9 percent surcharge applies to CSXI's ramp-to-ramp, ramp-to-door, door-to-ramp and door-to-door rates. The drayage-only fuel surcharge for June will be 9.4 percent.
6/2/2004
Rail News: Mechanical
CSXI's fuel surcharge rises 2.3 percent in six months
advertisement
CSX Intermodal's monthly fuel surcharge is about to go up again. On June 7, the company will begin adding a 5.9 percent surcharge to shippers' bills — a 0.3 percent increase compared with May's 5.6 percent surcharge.
CSXI previously applied fuel surcharges of 4.9 percent, 4.5 percent, 4.5 percent, 3.7 percent and 3.6 percent in April, March, February, January and December, respectively.
CSXI adjusts its monthly surcharge the first Monday of each month based on the difference between the U.S. Department of Energy's (DOE) price index the previous Monday (in this case, June 7) and $1.10. CSXI calculates the percent difference between the DOE's "Retail Diesel Fuel Price Index" and $1.10, multiplies the figure by 10 percent and then again by 100. On May 31, DOE reported a diesel retail price of $1.75 per gallon.
The 5.9 percent surcharge applies to CSXI's ramp-to-ramp, ramp-to-door, door-to-ramp and door-to-door rates. The drayage-only fuel surcharge for June will be 9.4 percent.
