The new policy uses the U.S. Department of Energy’s weekly fuel price as the national standard and establishes a baseline fuel price with a 10-cent-per-gallon margin, said Ruth Tetreault, coordinator of MTMC's fuel board. "For example, if we establish a fuel baseline of $1.30 and the price of fuel goes above $1.40, (carriers) will automatically be entitled to a fuel surcharge."
Members of the fuel board include Joe Harrison, American Moving & Storage Assn.; Paul Bomgardner, American Trucking Assns.; Gail Snodgrass, Union Pacific Railroad; and Dave Larson, Landstar Systems.