IIG has traditionally endeavored to contain increasing costs within our pricing regimen; however, the on-going escalation of Number 2 diesel fuel prices above $3.25/gallon compels us to introduce fuel surcharges on all IIG shipments.
We are continuing to work diligently with all of our logistics providers to keep costs to a practical minimum; hence, we will adhere to the following procedure:
1. The EIA (Energy Information Administration) of the DOE publishes a calculation of a standard diesel fuel cost by region (and US average) every Monday by 4 p.m. EDT. This is accessible on line at http://www.eia.gov/oog/info/wohdp/diesel.asp.
2. Conferring with all of our logistics partners, we will review data in light of IIG's experience, i.e. lanes, rates, etc..., and provide a best value assessment of cents/mile per IIG plant location for that week.
Use the link on the right to access the fuel surcharge data for prior weeks.
|12/03/2013 to 12/09/2013|
|National Fuel Price/Gal (Diesel)|
|Shipping From|| Fuel Surcharge|
Cents per Mile
|Phenix City, AL||$0.46|