BNSF Rebases Fuel Surcharge Beginning January 2011
BNSF Railway’s strike price, the Highway Diesel Fuel (HDF) price at which BNSF assesses a fuel surcharge, will be reset from $1.25 per gallon to $2.50 per gallon beginning January 2011.
The change applies to BNSF’s mileage-based and percent-of-revenue fuel surcharge programs for Agricultural Products, Industrial Products, Coal and Automotive shipments. Intermodal shipments will not be affected.
Underlying base rates will be appropriately adjusted to reflect the new strike price. This change reflects current fuel pricing trends which, on a sustained basis, have averaged above $2.50 since 2005.
BNSF will also be instituting a program that compensates customers when HDF falls below the strike price for an extended period.
Tables reflecting the new strike price and other program details are available on the BNSF website at http://www.bnsf.com/customers/fuel-surcharge/.
Your BNSF Sales and Marketing representative will provide you with additional details as they become available over the next few months. If you have any questions, please call your representative.
Your business is important to us. Thank you for choosing BNSF as your transportation service provider.