Fuel surcharge

RECENT NEWS
Business Standard  Nov 17  Comment 
Torrent Power, the private sector power company that distributes power to Ahmedabad, Gandhinagar and Surat has reduced fuel surcharge by only 1 paise per unit.
The Economic Times  Nov 6  Comment 
The fuel surcharge on flights below 1,000 kilometres has been hiked by Rs 100 while for flights above 1,000 kilometres it would be Rs 200, the statement said.
The Times of India  Nov 6  Comment 
Sydney Morning Herald  Sep 7  Comment 
QANTAS has given the first hint it could raise fuel levies on air tickets after increasing surcharges for freight due to higher jet fuel prices.
Japan Today  Aug 19  Comment 
ANA on Tuesday applied to the Ministry of Land Infrastructure, Transport and Tourism to reinstate its fuel surcharge on international flights from Oct 1. The…
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A generally accepted pratice of trucking companies charging customers a base rate plus a variable rate that fluctuates with the cost of fuel. If Oil Prices are rising, then this will bump the final amount charge to customers by the transportation company. This will have the effect of boosting revenue for the trucking company and adding expense to the shipping customer.

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