JBS Fuel Surcharge Index
To: All JBS Customers
Re: JBS Fuel Surcharge Index
Dear Valued Customer,
Our fuel index will be used to determine the correct weekly fuel surcharge JBS will incur. This index will be used for Volume LTL (VLTL) rated shipments, and TL shipments.
If the fuel Index falls below $3.00/gallon, a decrease of 0.5% is applicable as the price of diesel fuel decreases $0.05, and if the fuel index exceeds $5.00/gallon, an increase of $0.5% is applicable as the price of diesel fuel increases $0.05.
JBS will continue to monitor the national average listed by the U.S. Department of Energy and published weekly in Transport Topics.
Previous fuel increases seem to level off after a period of time. JBS hopes that this situation is also temporary. If you have any questions or concerns regarding the above, please feel free to call me directly at 630-924-2000 or via e-mail.
Thank you for your understanding and continued support.
Alec A. Gizzi, CTB